388 Locust StIndianaPA15701
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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 Indiana at 388 Locust St, Indiana, PA, 15701 offers $3,607/mo rent that, after a $2,359/mo payment, leaves $449/mo cash flow. Total monthly income is $3,607/mo, and annual cash flow is $5,384/yr on $159,783 cash. Return on cash invested measures 23.28% in year one, and rental yield stands at 8.98% at a $482,000 entry. Equity gained on principal adds $3,110/yr while 5% annual appreciation compounds into $133,168 by year five. Five-year ROI records 121.38% and total cumulative return in cash reaches $193,952. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,607/mo property income versus a $2,359/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15701, Indiana, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,125 (100%) |
| Owner Occupied HU | 7,390 (48.9%) |
| Renter Occupied HU | 5,822 (38.5%) |
| Vacant Housing Units | 1,913 (12.6%) |
| Median Home Value | $219,050 |
| Average Home Value | $249,115 |
Housing Distribution
Address Breakdown
Residential
13,826
Single Family
12,464
Multi-Family
1,362
Businesses
1,394
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Listed by: Casey McCombie • HOWARD HANNA KUZNESKI & LOCKARD R.E. - INDIANA
Mls Name: WPMLS
Mls Provider:
Mls ID: #1654316
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.