804 Barbra LnNew CastlePA16101
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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 New Castle at 804 Barbra Ln, New Castle, PA, 16101 with 5% annual appreciation on a $179,000 basis while $1,339/mo rent supports operations. Total monthly income totals $1,339/mo and a $876/mo payment preserves $166/mo for cash returns. Annual cash flow comes to $1,994/yr on $59,339 deployed, and return on cash invested reaches 23.27% in year one. Equity gained on principal adds $1,155/yr, and five-year appreciation sums $49,454 alongside rental yield of 8.98%. Five-year ROI measures 121.42% and total cumulative return in cash totals $72,051.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,339/mo property income versus a $876/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2000
2,517 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16101, New Castle, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,658 (100%) |
| Owner Occupied HU | 9,106 (62.1%) |
| Renter Occupied HU | 3,972 (27.1%) |
| Vacant Housing Units | 1,580 (10.8%) |
| Median Home Value | $143,785 |
| Average Home Value | $183,240 |
Housing Distribution
Address Breakdown
Residential
14,087
Single Family
12,897
Multi-Family
1,190
Businesses
1,064
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Listed by: Christopher Niles • KELLER WILLIAMS STEEL CITY
Mls Name: WPMLS
Mls ID: #1726113