609 Tara CtSaxonburgPA16056
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Saxonburg at 609 Tara Ct, Saxonburg, PA, 16056 offers $1,974/mo rent that, after a $3,059/mo payment. Total monthly income is $1,974/mo. Return on cash invested measures 7.39% in year one, and rental yield stands at 3.79% at a $625,000 entry. Equity gained on principal adds $4,033/yr while 5% annual appreciation compounds into $172,676 by year five. Five-year ROI records 36.26% and total cumulative return in cash reaches $74,557. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,974/mo property income versus a $3,059/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
0.62 Acres lot
$N/A/sqft
$50 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16056, Saxonburg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,286 (100%) |
| Owner Occupied HU | 1,709 (74.8%) |
| Renter Occupied HU | 418 (18.3%) |
| Vacant Housing Units | 159 ( 7.0%) |
| Median Home Value | $350,116 |
| Average Home Value | $390,543 |
Housing Distribution
Address Breakdown
Residential
2,010
Single Family
1,776
Multi-Family
234
Businesses
210
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Pierre Khoury • BERKSHIRE HATHAWAY THE PREFERRED REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1700869
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.