1 Columbus DrMonessenPA15062
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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 Monessen at 1 Columbus Dr, Monessen, PA, 15062 uses $54,664 cash to close to unlock $3,234/yr annual cash flow and $270/mo monthly cash flow. Total monthly income runs $1,350/mo, and a $807/mo payment keeps the spread at $270/mo. Purchase price stands at $164,900, and rental yield measures 9.82% with $1,350/mo rent. Return on cash invested shows 25.83% in year one, and 5% annual appreciation builds toward $45,559 over five years. Five-year ROI reaches 135.08% and total cumulative return in cash records $73,840. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,350/mo property income covering a $807/mo payment rather than investor’s personal income.
Single Family
Built in 1960
6,176 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15062, Monessen, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,897 (100%) |
| Owner Occupied HU | 2,267 (58.2%) |
| Renter Occupied HU | 873 (22.4%) |
| Vacant Housing Units | 757 (19.4%) |
| Median Home Value | $94,932 |
| Average Home Value | $194,251 |
Housing Distribution
Address Breakdown
Residential
3,251
Single Family
3,084
Multi-Family
167
Businesses
204
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Listed by: Ian Hoover • DEACON & HOOVER REAL ESTATE ADVISORS LLC
Mls Name: WPMLS
Mls ID: #1695417