335 New Castle StSlippery RockPA16057
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow335 New Castle St, Slippery Rock, PA, 16057 in Slippery Rock earns its strong cash-flow label: 12.93% yield, $2,262/mo rent, $886/mo net income, DSCR 2.40. The $210,000 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $58,019 by year five. Combined with $1,934/yr in principal paydown, total projected return reaches $136,999.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 12.9% | 6.2% |
| Monthly Cash Flow | $886 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,262 |
| Total Monthly Debt Service | $1,293 |
| DSCR Ratio | 1.75x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1940
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16057, Slippery Rock, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,299 (100%) |
| Owner Occupied HU | 3,101 (49.2%) |
| Renter Occupied HU | 2,115 (33.6%) |
| Vacant Housing Units | 1,083 (17.2%) |
| Median Home Value | $324,449 |
| Average Home Value | $380,740 |
Housing Distribution
Address Breakdown
Residential
4,855
Single Family
4,375
Multi-Family
480
Businesses
289
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
Single Family
Built in 1940
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16057, Slippery Rock, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,299 (100%) |
| Owner Occupied HU | 3,101 (49.2%) |
| Renter Occupied HU | 2,115 (33.6%) |
| Vacant Housing Units | 1,083 (17.2%) |
| Median Home Value | $324,449 |
| Average Home Value | $380,740 |
Housing Distribution
Address Breakdown
Residential
4,855
Single Family
4,375
Multi-Family
480
Businesses
289
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Charles Veazey • EXP REALTY LLC
Mls Name: WPMLS
Mls Provider:
Mls ID: #1666851
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.