697 Fairview AveIrwinPA15642
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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
Investment property for sale in Irwin at 697 Fairview Ave, Irwin, PA, 15642 offers a 9.51% rental yield on a $139,900 purchase with $1,109/mo rent. Total monthly income registers $1,109/mo, and a $685/mo payment leaves $192/mo available for distribution. Annual cash flow reaches $2,304/yr on $46,377 to close, and return on cash invested stands at 24.88% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,652 over five years. Portfolio math shows five-year ROI at 129.98% and total cumulative return in cash at $60,279. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,109/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
6,011 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15642, Irwin, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,340 (100%) |
| Owner Occupied HU | 16,291 (80.1%) |
| Renter Occupied HU | 2,979 (14.6%) |
| Vacant Housing Units | 1,070 ( 5.3%) |
| Median Home Value | $292,134 |
| Average Home Value | $334,371 |
Housing Distribution
Address Breakdown
Residential
19,788
Single Family
19,005
Multi-Family
783
Businesses
1,107
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Listed by: Kara Price • INTEGRITY PLUS REALTY
Mls Name: WPMLS
Mls ID: #1714314