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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in New Castle at 3 Quarry Rd, New Castle, PA, 16101 priced at $139,900 converts $1,380/mo rent into $463/mo cash flow after a $685/mo obligation. Total monthly income equals $1,380/mo, and annual cash flow totals $5,556/yr on $46,377 invested. Return on cash invested prints 31.89% in year one, and rental yield reads 11.84% against a $139,900 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation compiles into $38,652 by year five. Five-year ROI reaches 167.55% and total cumulative return in cash sums $77,703. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,380/mo property income covering a $685/mo payment, not borrower’s personal income.
Single Family
Built in 1978
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 16101, New Castle, PA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,658 (100%) |
| Owner Occupied HU | 9,106 (62.1%) |
| Renter Occupied HU | 3,972 (27.1%) |
| Vacant Housing Units | 1,580 (10.8%) |
| Median Home Value | $143,785 |
| Average Home Value | $183,240 |
Residential
14,087
Single Family
12,897
Multi-Family
1,190
Businesses
1,064
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Libby Sosinski • KELLER WILLIAMS REALTY
Mls Name: WPMLS
Mls ID: #1733750
