250 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
Rental property for sale in New Wilmington at 250 E Neshannock Ave, New Wilmington, PA, 16142 priced at $100,000 pairs $1,524/mo rent with $839/mo cash flow after a $489/mo payment. Total monthly income equals $1,524/mo, and annual cash flow comes to $10,070/yr on $33,150 invested. Return on cash invested is 50.29% in year one, and rental yield stands at 18.29% on a $100,000 basis. Equity gained on principal adds $645/yr, and 5% annual appreciation accumulates to $27,628 by year five. Five-year ROI measures 266.76% and total cumulative return in cash reaches $88,432. For financing, Ziffy Mortgage’s DSCR program evaluates $1,524/mo property income against a $489/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1880
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: Beth Schneider • RE/MAX SELECT REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1701778
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.