7264 Route 66Fairmount CityPA16224
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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 Fairmount City at 7264 Route 66, Fairmount City, PA, 16224 listed at $224,900 pairs $1,576/mo rent with a $1,101/mo payment to leave $102/mo cash flow. Total monthly income runs $1,576/mo, and annual cash flow reaches $1,224/yr on $74,554 cash to close. Return on cash invested measures 21.55% in year one, and rental yield registers 8.41% at a $224,900 basis. Equity gained on principal adds $1,451/yr, and annual property appreciation at 5% supports $62,136 by year five. Five-year ROI tracks 112.17% and total cumulative return in cash totals $83,629. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,576/mo property income relative to a $1,101/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1953
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16224, Fairmount City, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 499 (100%) |
| Owner Occupied HU | 355 (71.1%) |
| Renter Occupied HU | 101 (20.2%) |
| Vacant Housing Units | 43 ( 8.6%) |
| Median Home Value | $150,379 |
| Average Home Value | $214,141 |
Housing Distribution
Address Breakdown
Residential
406
Single Family
406
Multi-Family
0
Businesses
24
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Listed by: Jacqueline Love • GATES & BURNS REALTY, INC CL
Mls Name: Allegheny Valley BOR
Mls ID: #162037