53 Rittenhouse StSimpsonPA18407
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 Simpson at 53 Rittenhouse St, Simpson, PA, 18407 at $139,000 posts ROI 24.56% with $178/mo cash flow from $1,089/mo rent. Total monthly income equals $1,089/mo, and annual cash flow records $2,142/yr on $46,079 to close. Return on cash invested measures 24.56% and rental yield reads 9.4% at the current $139,000. Equity gained on principal adds $897/yr, and 5% annual appreciation supports $38,403 by year five. Five-year ROI prints 128.3% and total cumulative return in cash totals $59,120.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,089/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1927
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18407, Carbondale, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,183 (100%) |
| Owner Occupied HU | 3,932 (54.7%) |
| Renter Occupied HU | 2,174 (30.3%) |
| Vacant Housing Units | 1,077 (15.0%) |
| Median Home Value | $211,128 |
| Average Home Value | $259,991 |
Housing Distribution
Address Breakdown
Residential
6,036
Single Family
5,612
Multi-Family
424
Businesses
411
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Nearby investment properties with comparable prices
Listed by: Jeremy J Watson • SIX PM LLC
Mls Name: PWAR
Mls ID: #PW252716