515 Hoover RdTempletonPA16259
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 Templeton at 515 Hoover Rd, Templeton, PA, 16259 with 5% annual appreciation on a $169,900 basis while $1,476/mo rent supports operations. Total monthly income totals $1,476/mo and a $832/mo payment preserves $362/mo for cash returns. Annual cash flow comes to $4,347/yr on $56,322 deployed, and return on cash invested reaches 27.63% in year one. Equity gained on principal adds $1,096/yr, and five-year appreciation sums $46,940 alongside rental yield of 10.42%. Five-year ROI measures 144.78% and total cumulative return in cash totals $81,542.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,476/mo property income versus a $832/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
1.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16259, Templeton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 906 (100%) |
| Owner Occupied HU | 595 (65.7%) |
| Renter Occupied HU | 110 (12.1%) |
| Vacant Housing Units | 201 (22.2%) |
| Median Home Value | $190,625 |
| Average Home Value | $259,134 |
Housing Distribution
Address Breakdown
Residential
692
Single Family
692
Multi-Family
0
Businesses
20
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Listed by: Paul Kostick • BERKSHIRE HATHAWAY HOMESERVICES THE PREFERRED REAL
Mls Name: WPMLS
Mls ID: #1715403