0 Shenango Dr #3EdinboroPA16412
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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 Edinboro at 0 Shenango Dr #3, Edinboro, PA, 16412 priced at $599,000 converts $1,020/mo rent into after a $2,932/mo obligation. Total monthly income equals $1,020/mo. Return on cash invested prints 2.37% in year one, and rental yield reads 2.04% against a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation compiles into $165,493 by year five. Five-year ROI reaches 9.24% and total cumulative return in cash sums $18,202. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,020/mo property income covering a $2,932/mo payment, not borrower’s personal income.
Single Family
Built in 2025
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16412, Edinboro, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,602 (100%) |
| Owner Occupied HU | 2,695 (58.6%) |
| Renter Occupied HU | 1,167 (25.4%) |
| Vacant Housing Units | 740 (16.1%) |
| Median Home Value | $261,963 |
| Average Home Value | $284,967 |
Housing Distribution
Address Breakdown
Residential
4,230
Single Family
3,831
Multi-Family
399
Businesses
297
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Listed by: Kate Spiegel • RE/MAX Real Estate Group Erie
Mls Name: GEMLS
Mls ID: #181852
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.