431 Spruce LnHoustonPA15342
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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 Houston at 431 Spruce Ln, Houston, PA, 15342 priced at $414,275 converts $2,807/mo rent into after a $2,028/mo obligation. Total monthly income equals $2,807/mo. Return on cash invested prints 19.36% in year one, and rental yield reads 8.13% against a $414,275 entry. Equity gained on principal adds $2,673/yr, while 5% annual appreciation compiles into $114,457 by year five. Five-year ROI reaches 100.84% and total cumulative return in cash sums $138,490. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,807/mo property income covering a $2,028/mo payment, not borrower’s personal income.
Single Family
Built in 2022
0.37 Acres lot
$N/A/sqft
$155 monthly 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: Rob Ferrari • HOWARD HANNA REAL ESTATE SERVICES
Mls Name: WPMLS
Mls Provider:
Mls ID: #1695754
Disclaimer: Listing 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.