104 Essex CtEvans CityPA16033
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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 Evans City at 104 Essex Ct, Evans City, PA, 16033 uses $127,628 cash to close to unlock $2,946/yr annual cash flow and $246/mo monthly cash flow. Total monthly income runs $2,988/mo, and a $1,884/mo payment keeps the spread at $246/mo. Purchase price stands at $385,000, and rental yield measures 9.31% with $2,988/mo rent. Return on cash invested shows 22.22% in year one, and 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 116.47% and total cumulative return in cash records $148,642. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,988/mo property income covering a $1,884/mo payment rather than investor’s personal income.
Condo
Built in 2021
2,178 sqft lot
$N/A/sqft
$220 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16033, Evans City, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,869 (100%) |
| Owner Occupied HU | 2,237 (78.0%) |
| Renter Occupied HU | 425 (14.8%) |
| Vacant Housing Units | 207 ( 7.2%) |
| Median Home Value | $398,197 |
| Average Home Value | $451,286 |
Housing Distribution
Address Breakdown
Residential
2,975
Single Family
2,919
Multi-Family
56
Businesses
162
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Listed by: Nicolas Supik • CENTURY 21 FRONTIER REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1694883
Disclaimer: IDX 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.