423 Penn AveLeechburgPA15656
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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 Leechburg at 423 Penn Ave, Leechburg, PA, 15656 offers $2,616/mo rent that, after a $563/mo payment, leaves $1,716/mo cash flow. Total monthly income is $2,616/mo, and annual cash flow is $20,588/yr on $38,123 cash. Return on cash invested measures 73.91% in year one, and rental yield stands at 27.3% at a $115,000 entry. Equity gained on principal adds $742/yr while 5% annual appreciation compounds into $31,772 by year five. Five-year ROI records 394.63% and total cumulative return in cash reaches $150,441. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,616/mo property income versus a $563/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1995
7,187 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15656, Leechburg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,899 (100%) |
| Owner Occupied HU | 3,572 (72.9%) |
| Renter Occupied HU | 758 (15.5%) |
| Vacant Housing Units | 569 (11.6%) |
| Median Home Value | $210,970 |
| Average Home Value | $245,657 |
Housing Distribution
Address Breakdown
Residential
4,414
Single Family
4,301
Multi-Family
113
Businesses
277
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Listed by: Nicole D Arduino • COLDWELL BANKER REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1670521
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.