416 E Euclid 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
Rental property for sale in New Castle at 416 E Euclid Ave, New Castle, PA, 16105 priced at $154,500 pairs $1,508/mo rent with $496/mo cash flow after a $756/mo payment. Total monthly income equals $1,508/mo, and annual cash flow comes to $5,949/yr on $51,217 invested. Return on cash invested is 31.53% in year one, and rental yield stands at 11.71% on a $154,500 basis. Equity gained on principal adds $997/yr, and 5% annual appreciation accumulates to $42,686 by year five. Five-year ROI measures 165.61% and total cumulative return in cash reaches $84,819. For financing, Ziffy Mortgage’s DSCR program evaluates $1,508/mo property income against a $756/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1910
4,704 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: Francesca Ferrara • CASTLE REALTY
Mls Name: WPMLS
Mls ID: #1715139