606 Longview RdFairmount CityPA16224
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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 Fairmount City at 606 Longview Rd, Fairmount City, PA, 16224 offers $1,369/mo rent that, after a $1,933/mo payment. Total monthly income is $1,369/mo. Return on cash invested measures 8.74% in year one, and rental yield stands at 4.16% at a $395,000 entry. Equity gained on principal adds $2,549/yr while 5% annual appreciation compounds into $109,131 by year five. Five-year ROI records 43.41% and total cumulative return in cash reaches $56,838. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,369/mo property income versus a $1,933/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2014
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16224, Fairmount City, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 499 (100%) |
| Owner Occupied HU | 355 (71.1%) |
| Renter Occupied HU | 101 (20.2%) |
| Vacant Housing Units | 43 ( 8.6%) |
| Median Home Value | $150,379 |
| Average Home Value | $214,141 |
Housing Distribution
Address Breakdown
Residential
406
Single Family
406
Multi-Family
0
Businesses
24
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Listed by: Missy Rupp • RE/MAX SELECT REALTY
Mls Name: WPMLS
Mls ID: #1714812