254 Ridge AveNew KensingtonPA15068
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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 Kensington at 254 Ridge Ave, New Kensington, PA, 15068 priced at $200,000 pairs $1,877/mo rent with $566/mo cash flow after a $979/mo payment. Total monthly income equals $1,877/mo, and annual cash flow comes to $6,796/yr on $66,300 invested. Return on cash invested is 30.16% in year one, and rental yield stands at 11.26% on a $200,000 basis. Equity gained on principal adds $1,291/yr, and 5% annual appreciation accumulates to $55,256 by year five. Five-year ROI measures 158.35% and total cumulative return in cash reaches $104,984. For financing, Ziffy Mortgage’s DSCR program evaluates $1,877/mo property income against a $979/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1910
3,598 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
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Listed by: Senta Gordon • BERKSHIRE HATHAWAY HOMESERVICES THE PREFERRED REAL
Mls Name: WPMLS
Mls ID: #1720172