640 Kiester RdSlippery RockPA16057
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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 Slippery Rock at 640 Kiester Rd, Slippery Rock, PA, 16057 priced at $148,000 converts $1,182/mo rent into $213/mo cash flow after a $724/mo obligation. Total monthly income equals $1,182/mo, and annual cash flow totals $2,551/yr on $49,062 invested. Return on cash invested prints 25.11% in year one, and rental yield reads 9.58% against a $148,000 entry. Equity gained on principal adds $955/yr, while 5% annual appreciation compiles into $40,890 by year five. Five-year ROI reaches 131.23% and total cumulative return in cash sums $64,382. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,182/mo property income covering a $724/mo payment, not borrower’s personal income.
Manufactured
Built in 2007
5.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16057, Slippery Rock, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,299 (100%) |
| Owner Occupied HU | 3,101 (49.2%) |
| Renter Occupied HU | 2,115 (33.6%) |
| Vacant Housing Units | 1,083 (17.2%) |
| Median Home Value | $324,449 |
| Average Home Value | $380,740 |
Housing Distribution
Address Breakdown
Residential
4,855
Single Family
4,375
Multi-Family
480
Businesses
289
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Listed by: Travis Como • RE/MAX INFINITY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1702882
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.