2797 Hastings DrLower BurrellPA15068
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Lower Burrell at 2797 Hastings Dr, Lower Burrell, PA, 15068 offers a 9.06% rental yield on a $215,000 purchase with $1,624/mo rent. Total monthly income registers $1,624/mo, and a $1,052/mo payment leaves $215/mo available for distribution. Annual cash flow reaches $2,586/yr on $71,273 to close, and return on cash invested stands at 23.54% in year one. Equity gained on principal adds $1,387/yr while 5% annual appreciation supports $59,401 over five years. Portfolio math shows five-year ROI at 122.83% and total cumulative return in cash at $87,541. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,624/mo property income against a $1,052/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
6,250 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Hope Harmotto • COMPASS PENNSYLVANIA, LLC
Mls Name: WPMLS
Mls ID: #1709901