29 N Main StPoint MarionPA15474
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
Rental property for sale in Point Marion at 29 N Main St, Point Marion, PA, 15474 offers $2,124/mo rent that, after a $1,101/mo payment, leaves $650/mo cash flow. Total monthly income is $2,124/mo, and annual cash flow is $7,798/yr on $74,588 cash. Return on cash invested measures 30.36% in year one, and rental yield stands at 11.33% at a $225,000 entry. Equity gained on principal adds $1,452/yr while 5% annual appreciation compounds into $62,163 by year five. Five-year ROI records 159.37% and total cumulative return in cash reaches $118,869. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,124/mo property income versus a $1,101/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15474, Point Marion, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 958 (100%) |
| Owner Occupied HU | 567 (59.2%) |
| Renter Occupied HU | 259 (27.0%) |
| Vacant Housing Units | 132 (13.8%) |
| Median Home Value | $121,354 |
| Average Home Value | $225,251 |
Housing Distribution
Address Breakdown
Residential
853
Single Family
819
Multi-Family
34
Businesses
58
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Listed by: Katlyn Kimm • RE/MAX SELECT REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1707665
Disclaimer: Listing information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.