3606 Morefield RdHermitagePA16148
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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 Hermitage at 3606 Morefield Rd, Hermitage, PA, 16148 priced at $210,000 pairs $1,222/mo rent with after a $1,028/mo payment. Total monthly income equals $1,222/mo. Return on cash invested is 17.25% in year one, and rental yield stands at 6.98% on a $210,000 basis. Equity gained on principal adds $1,355/yr, and 5% annual appreciation accumulates to $58,019 by year five. Five-year ROI measures 89.07% and total cumulative return in cash reaches $62,008. For financing, Ziffy Mortgage’s DSCR program evaluates $1,222/mo property income against a $1,028/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1970
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16148, Hermitage, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,870 (100%) |
| Owner Occupied HU | 5,203 (66.1%) |
| Renter Occupied HU | 2,032 (25.8%) |
| Vacant Housing Units | 635 ( 8.1%) |
| Median Home Value | $211,289 |
| Average Home Value | $263,165 |
Housing Distribution
Address Breakdown
Residential
7,856
Single Family
6,972
Multi-Family
884
Businesses
1,014
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Listed by: Mary Campbell • BROKERS REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1692500
Disclaimer: IDX 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.