301 N 3rd StNewportPA17074
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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
Investment property for sale in Newport at 301 N 3rd St, Newport, PA, 17074 uses $84,499 cash to close to unlock $5,223/yr annual cash flow and $435/mo monthly cash flow. Total monthly income runs $2,106/mo, and a $1,248/mo payment keeps the spread at $435/mo. Purchase price stands at $254,900, and rental yield measures 9.91% with $2,106/mo rent. Return on cash invested shows 26.09% in year one, and 5% annual appreciation builds toward $70,424 over five years. Five-year ROI reaches 136.52% and total cumulative return in cash records $115,356. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,106/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Single Family
Built in 1900
6,970 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17074, Newport, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,352 (100%) |
| Owner Occupied HU | 2,247 (67.0%) |
| Renter Occupied HU | 763 (22.8%) |
| Vacant Housing Units | 342 (10.2%) |
| Median Home Value | $244,652 |
| Average Home Value | $279,470 |
Housing Distribution
Address Breakdown
Residential
3,142
Single Family
3,053
Multi-Family
89
Businesses
206
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Listed by: Renee Lesher-Waltman • Myrtle & Main Realty
Mls Name: Bright MLS
Mls ID: #PAPY2008392