4 Freeport RdNorth EastPA16428
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 North East at 4 Freeport Rd, North East, PA, 16428 at $135,000 posts ROI 27.98% with $301/mo cash flow from $1,186/mo rent. Total monthly income equals $1,186/mo, and annual cash flow records $3,613/yr on $44,753 to close. Return on cash invested measures 27.98% and rental yield reads 10.54% at the current $135,000. Equity gained on principal adds $871/yr, and 5% annual appreciation supports $37,298 by year five. Five-year ROI prints 146.73% and total cumulative return in cash totals $65,665.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,186/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
2,090 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16428, North East, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,453 (100%) |
| Owner Occupied HU | 3,935 (72.2%) |
| Renter Occupied HU | 1,076 (19.7%) |
| Vacant Housing Units | 442 ( 8.1%) |
| Median Home Value | $230,046 |
| Average Home Value | $271,376 |
Housing Distribution
Address Breakdown
Residential
5,192
Single Family
4,864
Multi-Family
328
Businesses
355
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Nearby investment properties with comparable prices
Listed by: Libby Remache • Howard Hanna Erie East
Mls Name: GEMLS
Mls ID: #187416