406 Walnut StRenoPA16343
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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 Reno at 406 Walnut St, Reno, PA, 16343 listed at $130,000 pairs $1,228/mo rent with a $636/mo payment to leave $376/mo cash flow. Total monthly income runs $1,228/mo, and annual cash flow reaches $4,517/yr on $43,095 cash to close. Return on cash invested measures 30.39% in year one, and rental yield registers 11.34% at a $130,000 basis. Equity gained on principal adds $839/yr, and annual property appreciation at 5% supports $35,917 by year five. Five-year ROI tracks 159.59% and total cumulative return in cash totals $68,775. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,228/mo property income relative to a $636/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1870
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16343, Reno, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 138 (100%) |
| Owner Occupied HU | 92 (66.7%) |
| Renter Occupied HU | 25 (18.1%) |
| Vacant Housing Units | 21 (15.2%) |
| Median Home Value | $169,643 |
| Average Home Value | $187,826 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
33
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Listed by: Jason Rockwell • ERA JOHNSON REAL ESTATE INC.
Mls Name: WPMLS
Mls Provider:
Mls ID: #1709146
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.