3 Collingate DrWest NewtonPA15089
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 West Newton at 3 Collingate Dr, West Newton, PA, 15089 at $199,900 posts ROI 25.33% with $300/mo cash flow from $1,609/mo rent. Total monthly income equals $1,609/mo, and annual cash flow records $3,594/yr on $66,267 to close. Return on cash invested measures 25.33% and rental yield reads 9.66% at the current $199,900. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 by year five. Five-year ROI prints 132.43% and total cumulative return in cash totals $87,757.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,609/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1973
9,147 sqft 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: Rob Hako • HOWARD HANNA MID MON VALLEY OFFICE
Mls Name: WPMLS
Mls ID: #1725038