255 Highland AveHooversvillePA15936
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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 Hooversville at 255 Highland Ave, Hooversville, PA, 15936 generates $2,153/mo in rent and, after a $1,561/mo payment, leaves $63/mo in cash flow. Total monthly income is $2,153/mo, and annual cash flow is $756/yr on $105,749 invested. Return on cash invested sits at 20.62% in year one, and rental yield is 8.1% on a $319,000 entry. Equity gained on principal adds $2,058/yr, while 5% annual appreciation builds toward $88,134 over five years. Five-year ROI reaches 107.13% and total cumulative return in cash sums $113,293. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,153/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
2.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15936, Hooversville, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 736 (100%) |
| Owner Occupied HU | 500 (67.9%) |
| Renter Occupied HU | 124 (16.8%) |
| Vacant Housing Units | 112 (15.2%) |
| Median Home Value | $119,186 |
| Average Home Value | $150,440 |
Housing Distribution
Address Breakdown
Residential
516
Single Family
516
Multi-Family
0
Businesses
39
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Listed by: Tiffany Boone • INDIAN LAKE REALTY
Mls Name: WPMLS
Mls ID: #1727468