1023 Nemacolin DrOhiopylePA15470
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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 Ohiopyle at 1023 Nemacolin Dr, Ohiopyle, PA, 15470 generates $2,310/mo in rent, after a $1,859/mo payment. Total monthly income is $2,310/mo. Return on cash invested sits at 18.2% in year one, and rental yield is 7.3% on a $379,900 entry. Equity gained on principal adds $2,451/yr, while 5% annual appreciation builds toward $104,959 over five years. Five-year ROI reaches 94.17% and total cumulative return in cash sums $118,589. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,310/mo property income rather than buyer’s personal income.
Single Family
Built in 1993
1.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15470, Ohiopyle, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 444 (100%) |
| Owner Occupied HU | 304 (68.5%) |
| Renter Occupied HU | 45 (10.1%) |
| Vacant Housing Units | 95 (21.4%) |
| Median Home Value | $290,741 |
| Average Home Value | $356,086 |
Housing Distribution
Address Breakdown
Residential
307
Single Family
307
Multi-Family
0
Businesses
22
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Listed by: Shelley Sharp • HOWARD HANNA MYERS REAL ESTATE SERVICES
Mls Name: WPMLS
Mls ID: #1710632