331 8th AveNew BrightonPA15066
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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 New Brighton at 331 8th Ave, New Brighton, PA, 15066 generates $1,219/mo in rent and, after a $734/mo payment, leaves $236/mo in cash flow. Total monthly income is $1,219/mo, and annual cash flow is $2,835/yr on $49,725 invested. Return on cash invested sits at 25.61% in year one, and rental yield is 9.75% on a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 134% and total cumulative return in cash sums $66,630. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,219/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15066, New Brighton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,719 (100%) |
| Owner Occupied HU | 3,491 (61.0%) |
| Renter Occupied HU | 1,704 (29.8%) |
| Vacant Housing Units | 524 ( 9.2%) |
| Median Home Value | $166,599 |
| Average Home Value | $245,659 |
Housing Distribution
Address Breakdown
Residential
5,482
Single Family
5,075
Multi-Family
407
Businesses
354
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Listed by: Stephanie Ramer • EXP REALTY LLC
Mls Name: WPMLS
Mls Provider:
Mls ID: #1718641
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.