345 Covered Bridge RdRockwoodPA15557
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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 Rockwood at 345 Covered Bridge Rd, Rockwood, PA, 15557 offers $1,268/mo rent that, after a $978/mo payment. Total monthly income is $1,268/mo. Return on cash invested measures 19.16% in year one, and rental yield stands at 7.61% at a $199,900 entry. Equity gained on principal adds $1,290/yr while 5% annual appreciation compounds into $55,229 by year five. Five-year ROI records 99.31% and total cumulative return in cash reaches $65,809. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,268/mo property income versus a $978/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
0.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15557, Rockwood, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,985 (100%) |
| Owner Occupied HU | 1,203 (60.6%) |
| Renter Occupied HU | 249 (12.5%) |
| Vacant Housing Units | 533 (26.9%) |
| Median Home Value | $180,288 |
| Average Home Value | $230,596 |
Housing Distribution
Address Breakdown
Residential
1,637
Single Family
1,602
Multi-Family
35
Businesses
116
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Listed by: Wendy Kelly • BERKSHIRE HATHAWAY THE PREFERRED REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1711409
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.