406 3rd 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
Investment property for sale in New Brighton at 406 3rd Ave, New Brighton, PA, 15066 uses $33,150 cash to close to unlock $4,346/yr annual cash flow and $362/mo monthly cash flow. Total monthly income runs $1,017/mo, and a $489/mo payment keeps the spread at $362/mo. Purchase price stands at $100,000, and rental yield measures 12.2% with $1,017/mo rent. Return on cash invested shows 33.02% in year one, and 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 173.77% and total cumulative return in cash records $57,604. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,017/mo property income covering a $489/mo payment rather than investor’s personal income.
Multi Family
Built in 1909
8,712 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: Wendy Stuck • KELLER WILLIAMS REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1660258
Disclaimer: IDX 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.