1037 Nimick AveMonacaPA15061
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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 Monaca at 1037 Nimick Ave, Monaca, PA, 15061 offers a 11.34% rental yield on a $240,000 purchase with $2,269/mo rent. Total monthly income registers $2,269/mo, and a $1,175/mo payment leaves $696/mo available for distribution. Annual cash flow reaches $8,352/yr on $79,560 to close, and return on cash invested stands at 30.41% in year one. Equity gained on principal adds $1,549/yr while 5% annual appreciation supports $66,308 over five years. Portfolio math shows five-year ROI at 159.61% and total cumulative return in cash at $126,986. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,269/mo property income against a $1,175/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1941
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15061, Monaca, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,021 (100%) |
| Owner Occupied HU | 3,930 (65.3%) |
| Renter Occupied HU | 1,544 (25.6%) |
| Vacant Housing Units | 547 ( 9.1%) |
| Median Home Value | $227,526 |
| Average Home Value | $246,993 |
Housing Distribution
Address Breakdown
Residential
5,874
Single Family
5,397
Multi-Family
477
Businesses
520
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Listed by: Cody Inman • REALTY ONE GROUP GOLD STANDARD
Mls Name: WPMLS
Mls Provider:
Mls ID: #1691385
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.