415 North AveHoustonPA15342
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Houston at 415 North Ave, Houston, PA, 15342 offers $1,022/mo rent that, after a $661/mo payment, leaves $137/mo cash flow. Total monthly income is $1,022/mo, and annual cash flow is $1,645/yr on $44,753 cash. Return on cash invested measures 23.59% in year one, and rental yield stands at 9.08% at a $135,000 entry. Equity gained on principal adds $871/yr while 5% annual appreciation compounds into $37,298 by year five. Five-year ROI records 123.16% and total cumulative return in cash reaches $55,117. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,022/mo property income versus a $661/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1937
6,076 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15342, Houston, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,459 (100%) |
| Owner Occupied HU | 1,802 (73.3%) |
| Renter Occupied HU | 481 (19.6%) |
| Vacant Housing Units | 176 ( 7.2%) |
| Median Home Value | $296,364 |
| Average Home Value | $332,478 |
Housing Distribution
Address Breakdown
Residential
2,335
Single Family
2,281
Multi-Family
54
Businesses
146
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Listed by: Michael Pohlot • JANUS REALTY ADVISORS
Mls Name: WPMLS
Mls ID: #1720400