616 E 3rd AveTarentumPA15084
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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 Tarentum at 616 E 3rd Ave, Tarentum, PA, 15084 generates $1,500/mo in rent and, after a $612/mo payment, leaves $681/mo in cash flow. Total monthly income is $1,500/mo, and annual cash flow is $8,169/yr on $41,438 invested. Return on cash invested sits at 39.62% in year one, and rental yield is 14.4% on a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 209.04% and total cumulative return in cash sums $86,621. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,500/mo property income rather than buyer’s personal income.
Single Family
Built in 1905
3,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15084, Tarentum, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,794 (100%) |
| Owner Occupied HU | 2,874 (59.9%) |
| Renter Occupied HU | 1,351 (28.2%) |
| Vacant Housing Units | 569 (11.9%) |
| Median Home Value | $195,992 |
| Average Home Value | $282,276 |
Housing Distribution
Address Breakdown
Residential
4,373
Single Family
4,062
Multi-Family
311
Businesses
314
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Listed by: Suzanne Petrak • HOWARD HANNA REAL ESTATE SERVICES
Mls Name: WPMLS
Mls Provider:
Mls ID: #1720770
Disclaimer: Listing 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.