314 2nd StOakmontPA15139
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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 Oakmont at 314 2nd St, Oakmont, PA, 15139 uses $56,322 cash to close to unlock $6,771/yr annual cash flow and $564/mo monthly cash flow. Total monthly income runs $1,678/mo, and a $832/mo payment keeps the spread at $564/mo. Purchase price stands at $169,900, and rental yield measures 11.85% with $1,678/mo rent. Return on cash invested shows 31.93% in year one, and 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 167.87% and total cumulative return in cash records $94,550. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,678/mo property income covering a $832/mo payment rather than investor’s personal income.
Single Family
Built in 1930
3,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15139, Oakmont, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,561 (100%) |
| Owner Occupied HU | 1,992 (55.9%) |
| Renter Occupied HU | 1,238 (34.8%) |
| Vacant Housing Units | 331 ( 9.3%) |
| Median Home Value | $393,220 |
| Average Home Value | $441,345 |
Housing Distribution
Address Breakdown
Residential
3,397
Single Family
2,900
Multi-Family
497
Businesses
324
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Listed by: Lori Hummel • HOWARD HANNA REAL ESTATE SERVICES
Mls Name: WPMLS
Mls Provider:
Mls ID: #1720292
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.