410 Norwood AveNew CastlePA16105
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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 Castle at 410 Norwood Ave, New Castle, PA, 16105 listed at $135,000 pairs $1,699/mo rent with a $661/mo payment to leave $765/mo cash flow. Total monthly income runs $1,699/mo, and annual cash flow reaches $9,177/yr on $44,753 cash to close. Return on cash invested measures 40.41% in year one, and rental yield registers 15.1% at a $135,000 basis. Equity gained on principal adds $871/yr, and annual property appreciation at 5% supports $37,298 by year five. Five-year ROI tracks 213.79% and total cumulative return in cash totals $95,677. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,699/mo property income relative to a $661/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1925
10,715 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16105, New Castle, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,215 (100%) |
| Owner Occupied HU | 5,094 (70.6%) |
| Renter Occupied HU | 1,509 (20.9%) |
| Vacant Housing Units | 612 ( 8.5%) |
| Median Home Value | $215,466 |
| Average Home Value | $242,202 |
Housing Distribution
Address Breakdown
Residential
6,896
Single Family
6,702
Multi-Family
194
Businesses
562
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Listed by: Bonnie McClaine • BERKSHIRE HATHAWAY THE PREFERRED REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1669167
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.