1014 State RdMonessenPA15062
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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 1014 State Rd, Monessen, PA, 15062 offers a 7.79% rental yield on a $310,000 purchase with $2,013/mo rent. 03% in year one. Equity gained on principal adds $2,000/yr while 5% annual appreciation supports $85,647 over five years. Portfolio math shows five-year ROI at 93.88% and total cumulative return in cash at $96,475. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,013/mo property income against a $1,517/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
3.48 Acres 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: Thomas Bojsen • GREAT DANE REALTY INC
Mls Name: WPMLS
Mls Provider:
Mls ID: #1705553
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.