308 German 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
Investment property for sale in West newton at 308 German St, West newton, PA, 15089 earns $153/mo cash flow from $1,398/mo rent with a $930/mo payment. Total monthly income totals $1,398/mo, and annual cash flow totals $1,835/yr on $62,985 capital. ROI tracks 22.82% on current figures, and rental yield reads 8.83% at a $190,000 purchase. Equity gained on principal adds $1,226/yr, and 5% annual appreciation supports $52,494 over five years. Five-year ROI reaches 118.94% and total cumulative return in cash sums $74,916. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,398/mo property income instead of your personal income.
Single Family
Built in 1950
0.34 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: Tracy Hewitt • REALTY ONE GROUP GOLD STANDARD
Mls Name: WPMLS
Mls Provider:
Mls ID: #1704140
Disclaimer: Listing information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.