320 Fernledge DrNew KensingtonPA15068
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 320 Fernledge Dr, New Kensington, PA, 15068 generates $1,596/mo in rent, after a $1,272/mo payment. Total monthly income is $1,596/mo. Return on cash invested sits at 18.42% in year one, and rental yield is 7.37% on a $259,900 entry. Equity gained on principal adds $1,677/yr, while 5% annual appreciation builds toward $71,806 over five years. Five-year ROI reaches 95.32% and total cumulative return in cash sums $82,126. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,596/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Linda Bell • COLLODI REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1694843
Disclaimer: IDX 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.