505-507 1st StWindberPA15963
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Nearby investment properties with comparable prices
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 Windber at 505-507 1st St, Windber, PA, 15963 offers a 8.86% rental yield on a $113,000 purchase with $834/mo rent. Total monthly income registers $834/mo, and a $553/mo payment leaves $94/mo available for distribution. Annual cash flow reaches $1,123/yr on $37,460 to close, and return on cash invested stands at 22.91% in year one. Equity gained on principal adds $729/yr while 5% annual appreciation supports $31,220 over five years. Portfolio math shows five-year ROI at 119.44% and total cumulative return in cash at $44,741. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $834/mo property income against a $553/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in N/A
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15963, Windber, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,344 (100%) |
| Owner Occupied HU | 3,622 (67.8%) |
| Renter Occupied HU | 1,146 (21.4%) |
| Vacant Housing Units | 576 (10.8%) |
| Median Home Value | $163,128 |
| Average Home Value | $216,405 |
Housing Distribution
Address Breakdown
Residential
4,844
Single Family
4,686
Multi-Family
158
Businesses
257
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Listed by: Beth Reina • COLDWELL BANKER PRESTIGE REALTY
Mls Name: CSMLS
Mls ID: #96037190