305 Prospect CirNew KensingtonPA15068
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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 New Kensington at 305 Prospect Cir, New Kensington, PA, 15068 priced at $304,000 converts $1,410/mo rent into after a $1,488/mo obligation. Total monthly income equals $1,410/mo. Return on cash invested prints 12.98% in year one, and rental yield reads 5.57% against a $304,000 entry. Equity gained on principal adds $1,962/yr, while 5% annual appreciation compiles into $83,990 by year five. Five-year ROI reaches 66.13% and total cumulative return in cash sums $66,644. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,410/mo property income covering a $1,488/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.34 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: Amy Johnson • HOWARD HANNA REAL ESTATE SERVICES
Mls Name: WPMLS
Mls ID: #1723215