235 Main StConnoquenessingPA16027
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Connoquenessing at 235 Main St, Connoquenessing, PA, 16027 priced at $385,000 converts $1,968/mo rent into after a $1,884/mo obligation. Total monthly income equals $1,968/mo. Return on cash invested prints 14.7% in year one, and rental yield reads 6.13% against a $385,000 entry. Equity gained on principal adds $2,484/yr, while 5% annual appreciation compiles into $106,368 by year five. Five-year ROI reaches 75.37% and total cumulative return in cash sums $96,190. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,968/mo property income covering a $1,884/mo payment, not borrower’s personal income.
Single Family
Built in 1961
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16027, Connoquenessing, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 217 (100%) |
| Owner Occupied HU | 151 (69.6%) |
| Renter Occupied HU | 17 ( 7.8%) |
| Vacant Housing Units | 49 (22.6%) |
| Median Home Value | $388,462 |
| Average Home Value | $414,669 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
21
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A