609 Park AveFarrellPA16121
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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 Farrell at 609 Park Ave, Farrell, PA, 16121 priced at $139,000 pairs $1,092/mo rent with $181/mo cash flow after a $680/mo payment. Total monthly income equals $1,092/mo, and annual cash flow comes to $2,178/yr on $46,079 invested. Return on cash invested is 24.64% in year one, and rental yield stands at 9.43% on a $139,000 basis. Equity gained on principal adds $897/yr, and 5% annual appreciation accumulates to $38,403 by year five. Five-year ROI measures 128.72% and total cumulative return in cash reaches $59,312. For financing, Ziffy Mortgage’s DSCR program evaluates $1,092/mo property income against a $680/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1948
7,701 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16121, Farrell, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,289 (100%) |
| Owner Occupied HU | 1,175 (51.3%) |
| Renter Occupied HU | 835 (36.5%) |
| Vacant Housing Units | 279 (12.2%) |
| Median Home Value | $85,725 |
| Average Home Value | $134,417 |
Housing Distribution
Address Breakdown
Residential
2,005
Single Family
1,936
Multi-Family
69
Businesses
152
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Listed by: Rose Turuck • BERKSHIRE HATHAWAY THE PREFERRED REALTY
Mls Name: WPMLS
Mls ID: #1720520