2978 Gem LnNew KensingtonPA15068
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 New Kensington at 2978 Gem Ln, New Kensington, PA, 15068 at $119,900 posts ROI 24.68% with $158/mo cash flow from $944/mo rent. Total monthly income equals $944/mo, and annual cash flow records $1,898/yr on $39,747 to close. Return on cash invested measures 24.68% and rental yield reads 9.45% at the current $119,900. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,126 by year five. Five-year ROI prints 129.04% and total cumulative return in cash totals $51,288.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $944/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1942
2.39 Acres 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
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Listed by: Clint Walker • BERKSHIRE HATHAWAY THE PREFERRED REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1692673
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.