260 Hoover StHooversvillePA15936
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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
Investment property for sale in Hooversville at 260 Hoover St, Hooversville, PA, 15936 listed at $149,900 pairs $1,358/mo rent with a $734/mo payment to leave $375/mo cash flow. Total monthly income runs $1,358/mo, and annual cash flow reaches $4,505/yr on $49,692 cash to close. Return on cash invested measures 28.97% in year one, and rental yield registers 10.87% at a $149,900 basis. Equity gained on principal adds $967/yr, and annual property appreciation at 5% supports $41,415 by year five. Five-year ROI tracks 152.01% and total cumulative return in cash totals $75,539. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,358/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1872
0.30 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: Amy Reeping • BERKSHIRE HATHAWAY THE PREFERRED REALTY
Mls Name: WPMLS
Mls ID: #1716651