8892 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
Total monthly income runs $1,106/mo, and a $1,101/mo payment. Purchase price stands at $224,900, and rental yield measures 5.9% with $1,106/mo rent. Return on cash invested shows 13.99% in year one, and 5% annual appreciation builds toward $62,136 over five years. Five-year ROI reaches 71.63% and total cumulative return in cash records $53,401. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,106/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1900
15.72 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: Michael Wise • Coldwell Banker BURNS & BURNS
Mls Name: Allegheny Valley BOR
Mls ID: #162321