655 New Castle AveSharonPA16146
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
Rental property for sale in Sharon at 655 New Castle Ave, Sharon, PA, 16146 generates $757/mo in rent and, after a $489/mo payment, leaves $102/mo in cash flow. Total monthly income is $757/mo, and annual cash flow is $1,226/yr on $33,150 invested. Return on cash invested sits at 23.61% in year one, and rental yield is 9.08% on a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 123.27% and total cumulative return in cash sums $40,864. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $757/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16146, Sharon, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,747 (100%) |
| Owner Occupied HU | 3,102 (46.0%) |
| Renter Occupied HU | 2,549 (37.8%) |
| Vacant Housing Units | 1,096 (16.2%) |
| Median Home Value | $82,448 |
| Average Home Value | $130,148 |
Housing Distribution
Address Breakdown
Residential
5,795
Single Family
5,144
Multi-Family
651
Businesses
424
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Eleni Chmura • HOWARD HANNA REAL ESTATE SERVICES
Mls Name: WPMLS
Mls Provider:
Mls ID: #1723227
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.