29 Salem AveNew SalemPA15468
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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 New Salem at 29 Salem Ave, New Salem, PA, 15468 generates $1,345/mo in rent and, after a $903/mo payment, leaves $136/mo in cash flow. Total monthly income is $1,345/mo, and annual cash flow is $1,632/yr on $61,162 invested. Return on cash invested sits at 22.58% in year one, and rental yield is 8.75% on a $184,500 entry. Equity gained on principal adds $1,191/yr, while 5% annual appreciation builds toward $50,974 over five years. Five-year ROI reaches 117.7% and total cumulative return in cash sums $71,990. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,345/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
6,969 sqft lot
$N/A/sqft
No HOA
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Listed by: Cheryl Yeardie • RE/MAX SELECT REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1691828
Disclaimer: IDX 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.