56 1st StIrwinPA15642
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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 Irwin at 56 1st St, Irwin, PA, 15642 offers $2,063/mo rent that, after a $1,187/mo payment, leaves $474/mo cash flow. Total monthly income is $2,063/mo, and annual cash flow is $5,686/yr on $80,389 cash. Return on cash invested measures 26.98% in year one, and rental yield stands at 10.21% at a $242,500 entry. Equity gained on principal adds $1,565/yr while 5% annual appreciation compounds into $66,998 by year five. Five-year ROI records 141.24% and total cumulative return in cash reaches $113,539. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,063/mo property income versus a $1,187/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
4,399 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15642, Irwin, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,340 (100%) |
| Owner Occupied HU | 16,291 (80.1%) |
| Renter Occupied HU | 2,979 (14.6%) |
| Vacant Housing Units | 1,070 ( 5.3%) |
| Median Home Value | $292,134 |
| Average Home Value | $334,371 |
Housing Distribution
Address Breakdown
Residential
19,788
Single Family
19,005
Multi-Family
783
Businesses
1,107
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Listed by: Roxanne King • RE/MAX NEXT
Mls Name: WPMLS
Mls Provider:
Mls ID: #1709822
Disclaimer: Listing 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.