884 Wayne AveIndianaPA15701
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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
Rental property for sale in Indiana at 884 Wayne Ave, Indiana, PA, 15701 offers $3,421/mo rent that, after a $4,111/mo payment. Total monthly income is $3,421/mo. Return on cash invested measures 11.02% in year one, and rental yield stands at 4.89% at a $839,900 entry. Equity gained on principal adds $5,420/yr while 5% annual appreciation compounds into $232,049 by year five. Five-year ROI records 55.61% and total cumulative return in cash reaches $153,667. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,421/mo property income versus a $4,111/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1970
4,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15701, Indiana, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,125 (100%) |
| Owner Occupied HU | 7,390 (48.9%) |
| Renter Occupied HU | 5,822 (38.5%) |
| Vacant Housing Units | 1,913 (12.6%) |
| Median Home Value | $219,050 |
| Average Home Value | $249,115 |
Housing Distribution
Address Breakdown
Residential
13,826
Single Family
12,464
Multi-Family
1,362
Businesses
1,394
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Listed by: Dakota Smith • REALTY ONE GROUP LANDMARK
Mls Name: WPMLS
Mls ID: #1718537