68 New London LnOakmontPA15139
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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 Oakmont at 68 New London Ln, Oakmont, PA, 15139 priced at $209,900 converts $1,443/mo rent into $68/mo cash flow after a $1,027/mo obligation. Total monthly income equals $1,443/mo, and annual cash flow totals $815/yr on $69,582 invested. Return on cash invested prints 21.08% in year one, and rental yield reads 8.25% against a $209,900 entry. Equity gained on principal adds $1,354/yr, while 5% annual appreciation compiles into $57,992 by year five. Five-year ROI reaches 109.61% and total cumulative return in cash sums $76,268. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,443/mo property income covering a $1,027/mo payment, not borrower’s personal income.
Townhouse
Built in 1996
2,186 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15139, Oakmont, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,561 (100%) |
| Owner Occupied HU | 1,992 (55.9%) |
| Renter Occupied HU | 1,238 (34.8%) |
| Vacant Housing Units | 331 ( 9.3%) |
| Median Home Value | $393,220 |
| Average Home Value | $441,345 |
Housing Distribution
Address Breakdown
Residential
3,397
Single Family
2,900
Multi-Family
497
Businesses
324
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Listed by: Robert Strohm • COLDWELL BANKER REALTY
Mls Name: WPMLS
Mls ID: #1721159