249 Clarendon AveNew KensingtonPA15068
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 New Kensington at 249 Clarendon Ave, New Kensington, PA, 15068 priced at $185,500 converts $1,854/mo rent into $539/mo cash flow after a $908/mo obligation. Total monthly income equals $1,854/mo, and annual cash flow totals $6,470/yr on $61,493 invested. Return on cash invested prints 30.43% in year one, and rental yield reads 11.99% against a $185,500 entry. Equity gained on principal adds $1,197/yr, while 5% annual appreciation compiles into $51,250 by year five. Five-year ROI reaches 160.53% and total cumulative return in cash sums $98,715. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,854/mo property income covering a $908/mo payment, not borrower’s personal income.
Single Family
Built in 1953
8,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15068, New Kensington, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,454 (100%) |
| Owner Occupied HU | 11,876 (64.4%) |
| Renter Occupied HU | 4,576 (24.8%) |
| Vacant Housing Units | 2,002 (10.8%) |
| Median Home Value | $194,212 |
| Average Home Value | $234,679 |
Housing Distribution
Address Breakdown
Residential
17,104
Single Family
15,685
Multi-Family
1,419
Businesses
1,003
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gina Rosa-Stone • HOWARD HANNA REAL ESTATE SERVICES
Mls Name: WPMLS
Mls Provider:
Mls ID: #1718755
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.