1048 8th StWaynesburgPA15370
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Waynesburg at 1048 8th St, Waynesburg, PA, 15370 offers a 11.05% rental yield on a $203,000 purchase with $1,870/mo rent. Total monthly income registers $1,870/mo, and a $994/mo payment leaves $539/mo available for distribution. Annual cash flow reaches $6,472/yr on $67,295 to close, and return on cash invested stands at 29.53% in year one. Equity gained on principal adds $1,310/yr while 5% annual appreciation supports $56,085 over five years. Portfolio math shows five-year ROI at 154.93% and total cumulative return in cash at $104,258. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,870/mo property income against a $994/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
6,120 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15370, Waynesburg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,526 (100%) |
| Owner Occupied HU | 3,171 (57.4%) |
| Renter Occupied HU | 1,638 (29.6%) |
| Vacant Housing Units | 717 (13.0%) |
| Median Home Value | $219,401 |
| Average Home Value | $257,876 |
Housing Distribution
Address Breakdown
Residential
4,936
Single Family
4,793
Multi-Family
143
Businesses
561
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ashley Ligman • HOWARD HANNA REAL ESTATE SERVICES
Mls Name: WPMLS
Mls ID: #1719969