402 3rd StSaltsburgPA15681
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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 Saltsburg at 402 3rd St, Saltsburg, PA, 15681 offers a 9.64% rental yield on a $197,000 purchase with $1,583/mo rent. Total monthly income registers $1,583/mo, and a $964/mo payment leaves $292/mo available for distribution. Annual cash flow reaches $3,508/yr on $65,306 to close, and return on cash invested stands at 25.28% in year one. Equity gained on principal adds $1,271/yr while 5% annual appreciation supports $54,427 over five years. Portfolio math shows five-year ROI at 132.18% and total cumulative return in cash at $86,318. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,583/mo property income against a $964/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15681, Saltsburg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,122 (100%) |
| Owner Occupied HU | 1,504 (70.9%) |
| Renter Occupied HU | 403 (19.0%) |
| Vacant Housing Units | 215 (10.1%) |
| Median Home Value | $195,699 |
| Average Home Value | $247,791 |
Housing Distribution
Address Breakdown
Residential
1,972
Single Family
1,944
Multi-Family
28
Businesses
124
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Listed by: Christine Laboon • COLDWELL BANKER REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1666922
Disclaimer: Listing 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.