399 E Penn AveKnoxPA16232
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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
Investment property for sale in Knox at 399 E Penn Ave, Knox, PA, 16232 listed at $189,900 pairs $1,794/mo rent with a $929/mo payment to leave $550/mo cash flow. Total monthly income runs $1,794/mo, and annual cash flow reaches $6,601/yr on $62,952 cash to close. Return on cash invested measures 30.39% in year one, and rental yield registers 11.34% at a $189,900 basis. Equity gained on principal adds $1,225/yr, and annual property appreciation at 5% supports $52,466 by year five. Five-year ROI tracks 159.63% and total cumulative return in cash totals $100,493. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,794/mo property income relative to a $929/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1929
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16232, Knox, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,969 (100%) |
| Owner Occupied HU | 1,399 (71.1%) |
| Renter Occupied HU | 359 (18.2%) |
| Vacant Housing Units | 211 (10.7%) |
| Median Home Value | $173,716 |
| Average Home Value | $215,356 |
Housing Distribution
Address Breakdown
Residential
1,487
Single Family
1,457
Multi-Family
30
Businesses
105
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Listed by: Michael Wise • Coldwell Banker BURNS & BURNS
Mls Name: Allegheny Valley BOR
Mls ID: #162373