407 Walnut StLatrobePA15650
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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 Latrobe at 407 Walnut St, Latrobe, PA, 15650 uses $44,753 cash to close to unlock $3,109/yr annual cash flow and $259/mo monthly cash flow. Total monthly income runs $1,144/mo, and a $661/mo payment keeps the spread at $259/mo. Purchase price stands at $135,000, and rental yield measures 10.17% with $1,144/mo rent. Return on cash invested shows 26.86% in year one, and 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 140.67% and total cumulative return in cash records $62,953. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,144/mo property income covering a $661/mo payment rather than investor’s personal income.
Single Family
Built in 1900
2,962 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15650, Latrobe, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,574 (100%) |
| Owner Occupied HU | 8,683 (69.1%) |
| Renter Occupied HU | 2,789 (22.2%) |
| Vacant Housing Units | 1,102 ( 8.8%) |
| Median Home Value | $230,190 |
| Average Home Value | $292,325 |
Housing Distribution
Address Breakdown
Residential
11,906
Single Family
11,389
Multi-Family
517
Businesses
950
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Listed by: Lynda Long • BERKSHIRE HATHAWAY THE PREFERRED REALTY
Mls Name: WPMLS
Mls ID: #1737696