381 Penn AveLeechburgPA15656
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
Rental property for sale in Leechburg at 381 Penn Ave, Leechburg, PA, 15656 priced at $105,000 converts $795/mo rent into $107/mo cash flow after a $514/mo obligation. Total monthly income equals $795/mo, and annual cash flow totals $1,282/yr on $34,808 invested. Return on cash invested prints 23.59% in year one, and rental yield reads 9.09% against a $105,000 entry. Equity gained on principal adds $678/yr, while 5% annual appreciation compiles into $29,010 by year five. Five-year ROI reaches 123.08% and total cumulative return in cash sums $42,842. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $795/mo property income covering a $514/mo payment, not borrower’s personal income.
Single Family
Built in 1920
7,187 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15656, Leechburg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,899 (100%) |
| Owner Occupied HU | 3,572 (72.9%) |
| Renter Occupied HU | 758 (15.5%) |
| Vacant Housing Units | 569 (11.6%) |
| Median Home Value | $210,970 |
| Average Home Value | $245,657 |
Housing Distribution
Address Breakdown
Residential
4,414
Single Family
4,301
Multi-Family
113
Businesses
277
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chrissy Heinle • REALTY ONE GROUP LANDMARK
Mls Name: WPMLS
Mls ID: #1724710