68 Old Plank RdButlerPA16001
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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 Butler at 68 Old Plank Rd, Butler, PA, 16001 offers $1,405/mo rent that, after a $710/mo payment, leaves $455/mo cash flow. Total monthly income is $1,405/mo, and annual cash flow is $5,454/yr on $48,067 cash. Return on cash invested measures 31.26% in year one, and rental yield stands at 11.63% at a $144,999 entry. Equity gained on principal adds $936/yr while 5% annual appreciation compounds into $40,061 by year five. Five-year ROI records 164.21% and total cumulative return in cash reaches $78,932. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,405/mo property income versus a $710/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16001, Butler, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,235 (100%) |
| Owner Occupied HU | 12,273 (60.7%) |
| Renter Occupied HU | 6,050 (29.9%) |
| Vacant Housing Units | 1,912 ( 9.4%) |
| Median Home Value | $249,291 |
| Average Home Value | $304,175 |
Housing Distribution
Address Breakdown
Residential
18,684
Single Family
16,716
Multi-Family
1,968
Businesses
1,260
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Listed by: Tamara Grassi • ACHIEVE REALTY, INC.
Mls Name: WPMLS
Mls Provider:
Mls ID: #1685119
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.