405 Penn AveNew BrightonPA15066
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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 New Brighton at 405 Penn Ave, New Brighton, PA, 15066 priced at $185,000 pairs $1,178/mo rent with after a $905/mo payment. Total monthly income equals $1,178/mo. Return on cash invested is 19.25% in year one, and rental yield stands at 7.64% on a $185,000 basis. Equity gained on principal adds $1,194/yr, and 5% annual appreciation accumulates to $51,112 by year five. Five-year ROI measures 99.84% and total cumulative return in cash reaches $61,227. For financing, Ziffy Mortgage’s DSCR program evaluates $1,178/mo property income against a $905/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1930
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15066, New Brighton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,719 (100%) |
| Owner Occupied HU | 3,491 (61.0%) |
| Renter Occupied HU | 1,704 (29.8%) |
| Vacant Housing Units | 524 ( 9.2%) |
| Median Home Value | $166,599 |
| Average Home Value | $245,659 |
Housing Distribution
Address Breakdown
Residential
5,482
Single Family
5,075
Multi-Family
407
Businesses
354
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Listed by: Tammy Romesburg • COLDWELL BANKER REALTY
Mls Name: WPMLS
Mls ID: #1707190