537 Steel AveHannastownPA15635
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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
Investment property for sale in Hannastown at 537 Steel Ave, Hannastown, PA, 15635 earns $782/mo cash flow from $2,093/mo rent with a $979/mo payment. Total monthly income totals $2,093/mo, and annual cash flow totals $9,388/yr on $66,300 capital. ROI tracks 34.07% on current figures, and rental yield reads 12.56% at a $200,000 purchase. Equity gained on principal adds $1,291/yr, and 5% annual appreciation supports $55,256 over five years. Five-year ROI reaches 179.31% and total cumulative return in cash sums $118,880. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,093/mo property income instead of your personal income.
Single Family
Built in N/A
5,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15635, Hannastown, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 142 (100%) |
| Owner Occupied HU | 106 (74.6%) |
| Renter Occupied HU | 12 ( 8.5%) |
| Vacant Housing Units | 24 (16.9%) |
| Median Home Value | $284,091 |
| Average Home Value | $261,250 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
6
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Listed by: Jacob Scheloske • AGRESTI REAL ESTATE
Mls Name: WPMLS
Mls Provider:
Mls ID: #1670759
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.