3618 Downing StSouth ParkPA15129
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
Investment Highlights
Investment property for sale in South Park at 3618 Downing St, South Park, PA, 15129 uses $92,489 cash to close to unlock $5,824/yr annual cash flow and $485/mo monthly cash flow. Total monthly income runs $2,314/mo, and a $1,366/mo payment keeps the spread at $485/mo. Purchase price stands at $279,000, and rental yield measures 9.95% with $2,314/mo rent. Return on cash invested shows 26.21% in year one, and 5% annual appreciation builds toward $77,083 over five years. Five-year ROI reaches 137.12% and total cumulative return in cash records $126,823. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,314/mo property income covering a $1,366/mo payment rather than investor’s personal income.
Single Family
Built in 1900
6,660 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15129, South Park, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,164 (100%) |
| Owner Occupied HU | 3,612 (69.9%) |
| Renter Occupied HU | 1,190 (23.0%) |
| Vacant Housing Units | 362 ( 7.0%) |
| Median Home Value | $268,916 |
| Average Home Value | $351,619 |
Housing Distribution
Address Breakdown
Residential
5,163
Single Family
4,105
Multi-Family
1,058
Businesses
161
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ana Balzuweit • COLDWELL BANKER REALTY
Mls Name: WPMLS
Mls ID: #1692114