234 E Neshannock AveNew WilmingtonPA16142
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in New Wilmington at 234 E Neshannock Ave, New Wilmington, PA, 16142 listed at $120,000 pairs $1,513/mo rent with a $587/mo payment to leave $727/mo cash flow. Total monthly income runs $1,513/mo, and annual cash flow reaches $8,724/yr on $39,780 cash to close. Return on cash invested measures 41.84% in year one, and rental yield registers 15.13% at a $120,000 basis. Equity gained on principal adds $774/yr, and annual property appreciation at 5% supports $33,154 by year five. Five-year ROI tracks 220.89% and total cumulative return in cash totals $87,871. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,513/mo property income relative to a $587/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1915
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16142, New Wilmington, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,430 (100%) |
| Owner Occupied HU | 1,705 (70.2%) |
| Renter Occupied HU | 503 (20.7%) |
| Vacant Housing Units | 222 ( 9.1%) |
| Median Home Value | $269,459 |
| Average Home Value | $344,949 |
Housing Distribution
Address Breakdown
Residential
2,182
Single Family
2,052
Multi-Family
130
Businesses
156
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Listed by: Christina Hoffmeier-Gennuso • REALTY ONE GROUP ULTIMATE
Mls Name: WPMLS
Mls Provider:
Mls ID: #1622978
Disclaimer: Listing information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.