51-55 E Main StNorth EastPA16428
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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 North East at 51-55 E Main St, North East, PA, 16428 priced at $790,000 pairs $2,224/mo rent with after a $3,867/mo payment. Total monthly income equals $2,224/mo. Return on cash invested is 6.43% in year one, and rental yield stands at 3.38% on a $790,000 basis. Equity gained on principal adds $5,098/yr, and 5% annual appreciation accumulates to $218,262 by year five. Five-year ROI measures 30.98% and total cumulative return in cash reaches $80,520. For financing, Ziffy Mortgage’s DSCR program evaluates $2,224/mo property income against a $3,867/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1832
0.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16428, North East, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,453 (100%) |
| Owner Occupied HU | 3,935 (72.2%) |
| Renter Occupied HU | 1,076 (19.7%) |
| Vacant Housing Units | 442 ( 8.1%) |
| Median Home Value | $230,046 |
| Average Home Value | $271,376 |
Housing Distribution
Address Breakdown
Residential
5,192
Single Family
4,864
Multi-Family
328
Businesses
355
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Listed by: Jim Barbour • Keller Williams Realty
Mls Name: GEMLS
Mls ID: #184064