611 S Ankeny AveSomersetPA15501
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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 Somerset at 611 S Ankeny Ave, Somerset, PA, 15501 with 5% annual appreciation on a $125,000 basis while $1,027/mo rent supports operations. Total monthly income totals $1,027/mo and a $612/mo payment preserves $208/mo for cash returns. Annual cash flow comes to $2,493/yr on $41,438 deployed, and return on cash invested reaches 25.92% in year one. Equity gained on principal adds $807/yr, and five-year appreciation sums $34,535 alongside rental yield of 9.86%. Five-year ROI measures 135.63% and total cumulative return in cash totals $56,201.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,027/mo property income versus a $612/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1940
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15501, Somerset, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,039 (100%) |
| Owner Occupied HU | 4,542 (56.5%) |
| Renter Occupied HU | 2,126 (26.4%) |
| Vacant Housing Units | 1,371 (17.1%) |
| Median Home Value | $205,451 |
| Average Home Value | $257,262 |
Housing Distribution
Address Breakdown
Residential
7,021
Single Family
6,462
Multi-Family
559
Businesses
946
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Listed by: Connie Weyant • REALTY ONE GROUP LANDMARK SOMERSET
Mls Name: CSMLS
Mls ID: #96037585