604 Penn AveNew BrightonPA15066
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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 New Brighton at 604 Penn Ave, New Brighton, PA, 15066 priced at $181,900 converts $1,290/mo rent into $98/mo cash flow after a $890/mo obligation. Total monthly income equals $1,290/mo, and annual cash flow totals $1,180/yr on $60,300 invested. Return on cash invested prints 21.87% in year one, and rental yield reads 8.51% against a $181,900 entry. Equity gained on principal adds $1,174/yr, while 5% annual appreciation compiles into $50,256 by year five. Five-year ROI reaches 113.85% and total cumulative return in cash sums $68,653. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,290/mo property income covering a $890/mo payment, not borrower’s personal income.
Single Family
Built in 1915
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15066, New Brighton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,719 (100%) |
| Owner Occupied HU | 3,491 (61.0%) |
| Renter Occupied HU | 1,704 (29.8%) |
| Vacant Housing Units | 524 ( 9.2%) |
| Median Home Value | $166,599 |
| Average Home Value | $245,659 |
Housing Distribution
Address Breakdown
Residential
5,482
Single Family
5,075
Multi-Family
407
Businesses
354
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Listed by: Michelle Branham • HOWARD HANNA REAL ESTATE SERVICES
Mls Name: WPMLS
Mls ID: #1722524