788 Old State RdApolloPA15613
Nearby investment properties with comparable rents
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
Rental property for sale in Apollo at 788 Old State Rd, Apollo, PA, 15613 offers $1,604/mo rent that, after a $1,076/mo payment, leaves $163/mo cash flow. Total monthly income is $1,604/mo, and annual cash flow is $1,960/yr on $72,897 cash. Return on cash invested measures 22.6% in year one, and rental yield stands at 8.75% at a $219,900 entry. Equity gained on principal adds $1,419/yr while 5% annual appreciation compounds into $60,754 by year five. Five-year ROI records 117.77% and total cumulative return in cash reaches $85,852. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,604/mo property income versus a $1,076/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1942
10,497 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15613, Apollo, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,227 (100%) |
| Owner Occupied HU | 4,763 (76.5%) |
| Renter Occupied HU | 1,031 (16.6%) |
| Vacant Housing Units | 433 ( 7.0%) |
| Median Home Value | $229,848 |
| Average Home Value | $275,216 |
Housing Distribution
Address Breakdown
Residential
5,952
Single Family
5,941
Multi-Family
11
Businesses
276
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Listed by: Denise Lewandowski • HOWARD HANNA REAL ESTATE SERVICES
Mls Name: WPMLS
Mls ID: #1738389