502 1st Street ExtApolloPA15613
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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
Investment property for sale in Apollo at 502 1st Street Ext, Apollo, PA, 15613 offers a 9.64% rental yield on a $124,900 purchase with $1,003/mo rent. Total monthly income registers $1,003/mo, and a $611/mo payment leaves $185/mo available for distribution. Annual cash flow reaches $2,219/yr on $41,404 to close, and return on cash invested stands at 25.27% in year one. Equity gained on principal adds $806/yr while 5% annual appreciation supports $34,508 over five years. Portfolio math shows five-year ROI at 132.04% and total cumulative return in cash at $54,670. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,003/mo property income against a $611/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1946
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15613, Apollo, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,227 (100%) |
| Owner Occupied HU | 4,763 (76.5%) |
| Renter Occupied HU | 1,031 (16.6%) |
| Vacant Housing Units | 433 ( 7.0%) |
| Median Home Value | $229,848 |
| Average Home Value | $275,216 |
Housing Distribution
Address Breakdown
Residential
5,952
Single Family
5,941
Multi-Family
11
Businesses
276
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Listed by: Dara Bush • HOWARD HANNA REAL ESTATE SERVICES
Mls Name: WPMLS
Mls Provider:
Mls ID: #1670369
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.