56 Concord RdHermitagePA16148
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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 Hermitage at 56 Concord Rd, Hermitage, PA, 16148 listed at $149,900 pairs $1,188/mo rent with a $734/mo payment to leave $205/mo cash flow. Total monthly income runs $1,188/mo, and annual cash flow reaches $2,465/yr on $49,692 cash to close. Return on cash invested measures 24.87% in year one, and rental yield registers 9.51% at a $149,900 basis. Equity gained on principal adds $967/yr, and annual property appreciation at 5% supports $41,415 by year five. Five-year ROI tracks 129.99% and total cumulative return in cash totals $64,595. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,188/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1954
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16148, Hermitage, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,870 (100%) |
| Owner Occupied HU | 5,203 (66.1%) |
| Renter Occupied HU | 2,032 (25.8%) |
| Vacant Housing Units | 635 ( 8.1%) |
| Median Home Value | $211,289 |
| Average Home Value | $263,165 |
Housing Distribution
Address Breakdown
Residential
7,856
Single Family
6,972
Multi-Family
884
Businesses
1,014
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Listed by: Heather McNamara • HOWARD HANNA REAL ESTATE SERVICES
Mls Name: WPMLS
Mls ID: #1722587