623 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
Investment property for sale in Tarentum at 623 E 3rd Ave, Tarentum, PA, 15084 uses $55,516 cash to close to unlock $5,607/yr annual cash flow and $467/mo monthly cash flow. Total monthly income runs $1,565/mo, and a $820/mo payment keeps the spread at $467/mo. Purchase price stands at $167,468, and rental yield measures 11.21% with $1,565/mo rent. Return on cash invested shows 30.01% in year one, and 5% annual appreciation builds toward $46,268 over five years. Five-year ROI reaches 157.55% and total cumulative return in cash records $87,462. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,565/mo property income covering a $820/mo payment rather than investor’s personal income.
Single Family
Built in 1925
2,400 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: Markay Pfeifer • EXP REALTY LLC
Mls Name: WPMLS
Mls ID: #1736321