512 E Elizabeth StNew CastlePA16105
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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 New Castle at 512 E Elizabeth St, New Castle, PA, 16105 priced at $134,900 pairs $1,667/mo rent with $686/mo cash flow after a $660/mo payment. Total monthly income equals $1,667/mo, and annual cash flow comes to $8,227/yr on $44,719 invested. Return on cash invested is 38.31% in year one, and rental yield stands at 14.83% on a $134,900 basis. Equity gained on principal adds $870/yr, and 5% annual appreciation accumulates to $37,270 by year five. Five-year ROI measures 202.96% and total cumulative return in cash reaches $90,761. For financing, Ziffy Mortgage’s DSCR program evaluates $1,667/mo property income against a $660/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1935
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16105, New Castle, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,215 (100%) |
| Owner Occupied HU | 5,094 (70.6%) |
| Renter Occupied HU | 1,509 (20.9%) |
| Vacant Housing Units | 612 ( 8.5%) |
| Median Home Value | $215,466 |
| Average Home Value | $242,202 |
Housing Distribution
Address Breakdown
Residential
6,896
Single Family
6,702
Multi-Family
194
Businesses
562
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Listed by: Jarvis Sanders • AGRESTI REAL ESTATE
Mls Name: WPMLS
Mls Provider:
Mls ID: #1671862
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.