704 Abbott StLatrobePA15650
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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
Investment property for sale in Latrobe at 704 Abbott St, Latrobe, PA, 15650 offers a 8.25% rental yield on a $239,500 purchase with $1,646/mo rent. Total monthly income registers $1,646/mo, and a $1,172/mo payment leaves $77/mo available for distribution. Annual cash flow reaches $922/yr on $79,394 to close, and return on cash invested stands at 21.07% in year one. Equity gained on principal adds $1,545/yr while 5% annual appreciation supports $66,169 over five years. Portfolio math shows five-year ROI at 109.55% and total cumulative return in cash at $86,977. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,646/mo property income against a $1,172/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
9,450 sqft 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: Elaine Harris • PEVARNIK REAL ESTATE
Mls Name: WPMLS
Mls ID: #1729735