604 8th 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
Investment property for sale in Irwin at 604 8th St, Irwin, PA, 15642 uses $37,791 cash to close to unlock $1,595/yr annual cash flow and $133/mo monthly cash flow. Total monthly income runs $880/mo, and a $558/mo payment keeps the spread at $133/mo. Purchase price stands at $114,000, and rental yield measures 9.26% with $880/mo rent. Return on cash invested shows 24.13% in year one, and 5% annual appreciation builds toward $31,496 over five years. Five-year ROI reaches 125.99% and total cumulative return in cash records $47,611. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $880/mo property income covering a $558/mo payment rather than investor’s personal income.
Single Family
Built in N/A
3,049 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: Donna Tidwell • BERKSHIRE HATHAWAY THE PREFERRED REALTY
Mls Name: WPMLS
Mls ID: #1725879