315 Pennsylvania AveVeronaPA15147
Nearby investment properties with comparable rents
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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 Verona at 315 Pennsylvania Ave, Verona, PA, 15147 priced at $499,900 converts $3,341/mo rent into $65/mo cash flow after a $2,447/mo obligation. Total monthly income equals $3,341/mo, and annual cash flow totals $780/yr on $165,717 invested. Return on cash invested prints 20.38% in year one, and rental yield reads 8.02% against a $499,900 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation compiles into $138,113 by year five. Five-year ROI reaches 105.83% and total cumulative return in cash sums $175,380. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,341/mo property income covering a $2,447/mo payment, not borrower’s personal income.
Single Family
Built in 1973
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15147, Verona, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,801 (100%) |
| Owner Occupied HU | 5,596 (63.6%) |
| Renter Occupied HU | 2,318 (26.3%) |
| Vacant Housing Units | 887 (10.1%) |
| Median Home Value | $172,315 |
| Average Home Value | $256,875 |
Housing Distribution
Address Breakdown
Residential
8,088
Single Family
7,172
Multi-Family
916
Businesses
365
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Listed by: Jody Groggel • BERKSHIRE HATHAWAY HOMESERVICES THE PREFERRED REAL
Mls Name: WPMLS
Mls ID: #1709966