409 Patt DrFarrellPA16121
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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 Farrell at 409 Patt Dr, Farrell, PA, 16121 uses $60,333 cash to close to unlock $4,778/yr annual cash flow and $398/mo monthly cash flow. Total monthly income runs $1,591/mo, and a $891/mo payment keeps the spread at $398/mo. Purchase price stands at $182,000, and rental yield measures 10.49% with $1,591/mo rent. Return on cash invested shows 27.83% in year one, and 5% annual appreciation builds toward $50,283 over five years. Five-year ROI reaches 145.86% and total cumulative return in cash records $88,005. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,591/mo property income covering a $891/mo payment rather than investor’s personal income.
Single Family
Built in 1956
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16121, Farrell, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,289 (100%) |
| Owner Occupied HU | 1,175 (51.3%) |
| Renter Occupied HU | 835 (36.5%) |
| Vacant Housing Units | 279 (12.2%) |
| Median Home Value | $85,725 |
| Average Home Value | $134,417 |
Housing Distribution
Address Breakdown
Residential
2,005
Single Family
1,936
Multi-Family
69
Businesses
152
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Listed by: Rose Turuck • BERKSHIRE HATHAWAY THE PREFERRED REALTY
Mls Name: WPMLS
Mls ID: #1727176