507 Luther StWindberPA15963
Nearby investment properties with comparable rents
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 507 Luther St, Windber, PA, 15963 offers a 9.15% rental yield on a $149,900 purchase with $1,143/mo rent. Total monthly income registers $1,143/mo, and a $734/mo payment leaves $160/mo available for distribution. Annual cash flow reaches $1,925/yr on $49,692 to close, and return on cash invested stands at 23.78% in year one. Equity gained on principal adds $967/yr while 5% annual appreciation supports $41,415 over five years. Portfolio math shows five-year ROI at 124.15% and total cumulative return in cash at $61,691. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,143/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1925
3,920 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: Bob & Bobby Colvin • RE/MAX TEAM, REALTORS
Mls Name: CSMLS
Mls Provider:
Mls ID: #96035690
Disclaimer: Copyright Cambria Somerset Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.