671 Solomon Temple RdLatrobePA15650
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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 Latrobe at 671 Solomon Temple Rd, Latrobe, PA, 15650 priced at $199,900 pairs $1,974/mo rent with $665/mo cash flow after a $978/mo payment. Total monthly income equals $1,974/mo, and annual cash flow comes to $7,974/yr on $66,267 invested. Return on cash invested is 31.94% in year one, and rental yield stands at 11.85% on a $199,900 basis. Equity gained on principal adds $1,290/yr, and 5% annual appreciation accumulates to $55,229 by year five. Five-year ROI measures 167.89% and total cumulative return in cash reaches $111,253. For financing, Ziffy Mortgage’s DSCR program evaluates $1,974/mo property income against a $978/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
2.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15650, Latrobe, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,574 (100%) |
| Owner Occupied HU | 8,683 (69.1%) |
| Renter Occupied HU | 2,789 (22.2%) |
| Vacant Housing Units | 1,102 ( 8.8%) |
| Median Home Value | $230,190 |
| Average Home Value | $292,325 |
Housing Distribution
Address Breakdown
Residential
11,906
Single Family
11,389
Multi-Family
517
Businesses
950
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Listed by: Daniel Howell • COLDWELL BANKER REALTY
Mls Name: WPMLS
Mls ID: #1736649