909 W Clayton StNew CastlePA16102
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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 New Castle at 909 W Clayton St, New Castle, PA, 16102 priced at $195,000 converts $1,237/mo rent into after a $954/mo obligation. Total monthly income equals $1,237/mo. Return on cash invested prints 19.16% in year one, and rental yield reads 7.61% against a $195,000 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation compiles into $53,875 by year five. Five-year ROI reaches 99.29% and total cumulative return in cash sums $64,186. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,237/mo property income covering a $954/mo payment, not borrower’s personal income.
Single Family
Built in 1920
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16102, New Castle, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,463 (100%) |
| Owner Occupied HU | 1,649 (67.0%) |
| Renter Occupied HU | 556 (22.6%) |
| Vacant Housing Units | 258 (10.5%) |
| Median Home Value | $157,935 |
| Average Home Value | $274,357 |
Housing Distribution
Address Breakdown
Residential
2,290
Single Family
2,242
Multi-Family
48
Businesses
103
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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