649 Longview RdFairmount CityPA16224
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
Investment property for sale in Fairmount City at 649 Longview Rd, Fairmount City, PA, 16224 at $339,500 posts ROI 6.11% with from $931/mo rent. Total monthly income equals $931/mo. Return on cash invested measures 6.11% and rental yield reads 3.29% at the current $339,500. Equity gained on principal adds $2,191/yr, and 5% annual appreciation supports $93,798 by year five. Five-year ROI prints 29.32% and total cumulative return in cash totals $32,993. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $931/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16224, Fairmount City, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 499 (100%) |
| Owner Occupied HU | 355 (71.1%) |
| Renter Occupied HU | 101 (20.2%) |
| Vacant Housing Units | 43 ( 8.6%) |
| Median Home Value | $150,379 |
| Average Home Value | $214,141 |
Housing Distribution
Address Breakdown
Residential
406
Single Family
406
Multi-Family
0
Businesses
24
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Janelle Bond • Pat Merwin Realty
Mls Name: Allegheny Valley BOR
Mls ID: #161375
Disclaimer: Copyright Allegheny Valley Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.