1013 Rural Ridge DrCheswickPA15024
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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 Cheswick at 1013 Rural Ridge Dr, Cheswick, PA, 15024 offers $2,132/mo rent that, after a $1,236/mo payment, leaves $362/mo cash flow. Total monthly income is $2,132/mo, and annual cash flow is $4,347/yr on $83,704 cash. Return on cash invested measures 25.1% in year one, and rental yield stands at 10.13% at a $252,500 entry. Equity gained on principal adds $1,629/yr while 5% annual appreciation compounds into $69,761 by year five. Five-year ROI records 131.83% and total cumulative return in cash reaches $110,343. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,132/mo property income versus a $1,236/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2006
2,243 sqft lot
$N/A/sqft
$115 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15024, Cheswick, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,955 (100%) |
| Owner Occupied HU | 2,966 (75.0%) |
| Renter Occupied HU | 672 (17.0%) |
| Vacant Housing Units | 317 ( 8.0%) |
| Median Home Value | $298,658 |
| Average Home Value | $372,659 |
Housing Distribution
Address Breakdown
Residential
3,847
Single Family
3,819
Multi-Family
28
Businesses
218
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Listed by: Patti McCaffrey • RE/MAX SELECT REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1703342
Disclaimer: Listing 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.