323 Market StNewportPA17074
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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 Newport at 323 Market St, Newport, PA, 17074 generates $1,018/mo in rent, after a $1,076/mo payment. Total monthly income is $1,018/mo. Return on cash invested sits at 12.95% in year one, and rental yield is 5.56% on a $219,900 entry. Equity gained on principal adds $1,419/yr, while 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 66.07% and total cumulative return in cash sums $48,160. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,018/mo property income rather than buyer’s personal income.
Multi Family
Built in 1900
2,614 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17074, Newport, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,352 (100%) |
| Owner Occupied HU | 2,247 (67.0%) |
| Renter Occupied HU | 763 (22.8%) |
| Vacant Housing Units | 342 (10.2%) |
| Median Home Value | $244,652 |
| Average Home Value | $279,470 |
Housing Distribution
Address Breakdown
Residential
3,142
Single Family
3,053
Multi-Family
89
Businesses
206
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Listed by: Renee Lesher-Waltman • Myrtle & Main Realty
Mls Name: Bright MLS
Mls ID: #PAPY2008640