303 S 6th StWest NewtonPA15089
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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 West Newton at 303 S 6th St, West Newton, PA, 15089 priced at $190,000 converts $1,690/mo rent into $445/mo cash flow after a $930/mo obligation. Total monthly income equals $1,690/mo, and annual cash flow totals $5,339/yr on $62,985 invested. Return on cash invested prints 28.39% in year one, and rental yield reads 10.67% against a $190,000 entry. Equity gained on principal adds $1,226/yr, while 5% annual appreciation compiles into $52,494 by year five. Five-year ROI reaches 148.76% and total cumulative return in cash sums $93,696. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,690/mo property income covering a $930/mo payment, not borrower’s personal income.
Single Family
Built in 1981
0.25 Acres 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: Lisa Jackson • Jackson Realty Group
Mls Name: WPMLS
Mls ID: #1718408