332 E Maitland LnNew CastlePA16105
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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 Castle at 332 E Maitland Ln, New Castle, PA, 16105 priced at $199,900 pairs $1,559/mo rent with $250/mo cash flow after a $978/mo payment. Total monthly income equals $1,559/mo, and annual cash flow comes to $2,994/yr on $66,267 invested. Return on cash invested is 24.43% in year one, and rental yield stands at 9.36% on a $199,900 basis. Equity gained on principal adds $1,290/yr, and 5% annual appreciation accumulates to $55,229 by year five. Five-year ROI measures 127.58% and total cumulative return in cash reaches $84,541. For financing, Ziffy Mortgage’s DSCR program evaluates $1,559/mo property income against a $978/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1954
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16105, New Castle, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,215 (100%) |
| Owner Occupied HU | 5,094 (70.6%) |
| Renter Occupied HU | 1,509 (20.9%) |
| Vacant Housing Units | 612 ( 8.5%) |
| Median Home Value | $215,466 |
| Average Home Value | $242,202 |
Housing Distribution
Address Breakdown
Residential
6,896
Single Family
6,702
Multi-Family
194
Businesses
562
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Listed by: Francesca Ferrara • CASTLE REALTY
Mls Name: WPMLS
Mls ID: #1737477