506 Spearman AveFarrellPA16121
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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
Rental property for sale in Farrell at 506 Spearman Ave, Farrell, PA, 16121 priced at $109,900 pairs $836/mo rent with $116/mo cash flow after a $538/mo payment. Total monthly income equals $836/mo, and annual cash flow comes to $1,389/yr on $36,432 invested. Return on cash invested is 23.72% in year one, and rental yield stands at 9.13% on a $109,900 basis. Equity gained on principal adds $709/yr, and 5% annual appreciation accumulates to $30,363 by year five. Five-year ROI measures 123.79% and total cumulative return in cash reaches $45,100. For financing, Ziffy Mortgage’s DSCR program evaluates $836/mo property income against a $538/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1925
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16121, Farrell, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,289 (100%) |
| Owner Occupied HU | 1,175 (51.3%) |
| Renter Occupied HU | 835 (36.5%) |
| Vacant Housing Units | 279 (12.2%) |
| Median Home Value | $85,725 |
| Average Home Value | $134,417 |
Housing Distribution
Address Breakdown
Residential
2,005
Single Family
1,936
Multi-Family
69
Businesses
152
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Listed by: Veronica Palmer • BERKSHIRE HATHAWAY THE PREFERRED REALTY
Mls Name: WPMLS
Mls ID: #1735511