404 E Locust StButlerPA16001
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 Butler at 404 E Locust St, Butler, PA, 16001 earns $97/mo cash flow from $1,080/mo rent with a $734/mo payment. Total monthly income totals $1,080/mo, and annual cash flow totals $1,167/yr on $49,725 capital. ROI tracks 22.26% on current figures, and rental yield reads 8.64% at a $150,000 purchase. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 over five years. Five-year ROI reaches 115.97% and total cumulative return in cash sums $57,666. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,080/mo property income instead of your personal income.
Multi Family
Built in 1880
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16001, Butler, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,235 (100%) |
| Owner Occupied HU | 12,273 (60.7%) |
| Renter Occupied HU | 6,050 (29.9%) |
| Vacant Housing Units | 1,912 ( 9.4%) |
| Median Home Value | $249,291 |
| Average Home Value | $304,175 |
Housing Distribution
Address Breakdown
Residential
18,684
Single Family
16,716
Multi-Family
1,968
Businesses
1,260
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nicholas Fix • RE/MAX INFINITY
Mls Name: WPMLS
Mls ID: #1735351