274 Walnut LnWest NewtonPA15089
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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 West Newton at 274 Walnut Ln, West Newton, PA, 15089 listed at $185,000 pairs $1,452/mo rent with a $905/mo payment to leave $240/mo cash flow. Total monthly income runs $1,452/mo, and annual cash flow reaches $2,883/yr on $61,328 cash to close. Return on cash invested measures 24.61% in year one, and rental yield registers 9.42% at a $185,000 basis. Equity gained on principal adds $1,194/yr, and annual property appreciation at 5% supports $51,112 by year five. Five-year ROI tracks 128.58% and total cumulative return in cash totals $78,855. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,452/mo property income relative to a $905/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15089, West Newton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,163 (100%) |
| Owner Occupied HU | 2,320 (73.3%) |
| Renter Occupied HU | 629 (19.9%) |
| Vacant Housing Units | 214 ( 6.8%) |
| Median Home Value | $203,801 |
| Average Home Value | $258,024 |
Housing Distribution
Address Breakdown
Residential
2,857
Single Family
2,717
Multi-Family
140
Businesses
174
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Listed by: Gina Liptak • RE/MAX SELECT REALTY
Mls Name: WPMLS
Mls ID: #1737412