480 Newton RdPittsfieldPA16340
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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 Pittsfield at 480 Newton Rd, Pittsfield, PA, 16340 offers $1,250/mo rent that, after a $1,835/mo payment. Total monthly income is $1,250/mo. Return on cash invested measures 8.26% in year one, and rental yield stands at 4% at a $375,000 entry. Equity gained on principal adds $2,420/yr while 5% annual appreciation compounds into $103,606 by year five. Five-year ROI records 40.87% and total cumulative return in cash reaches $50,811. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,250/mo property income versus a $1,835/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
36.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16340, Pittsfield, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,144 (100%) |
| Owner Occupied HU | 640 (55.9%) |
| Renter Occupied HU | 130 (11.4%) |
| Vacant Housing Units | 374 (32.7%) |
| Median Home Value | $149,375 |
| Average Home Value | $178,629 |
Housing Distribution
Address Breakdown
Residential
731
Single Family
731
Multi-Family
0
Businesses
30
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Listed by: Josh Ongley • WHITETAIL PROPERTIES REAL ESTATE LLC (PA)
Mls Name: My State MLS
Mls ID: #11578529