109 Gringo Independence Rd #RAliquippaPA15001
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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 Aliquippa at 109 Gringo Independence Rd #R, Aliquippa, PA, 15001 priced at $190,000 converts $1,422/mo rent into $177/mo cash flow after a $930/mo obligation. Total monthly income equals $1,422/mo, and annual cash flow totals $2,123/yr on $62,985 invested. Return on cash invested prints 23.28% in year one, and rental yield reads 8.98% against a $190,000 entry. Equity gained on principal adds $1,226/yr, while 5% annual appreciation compiles into $52,494 by year five. Five-year ROI reaches 121.4% and total cumulative return in cash sums $76,464. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,422/mo property income covering a $930/mo payment, not borrower’s personal income.
Townhouse
Built in 1979
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15001, Aliquippa, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,252 (100%) |
| Owner Occupied HU | 10,387 (68.1%) |
| Renter Occupied HU | 3,338 (21.9%) |
| Vacant Housing Units | 1,527 (10.0%) |
| Median Home Value | $218,276 |
| Average Home Value | $261,471 |
Housing Distribution
Address Breakdown
Residential
14,375
Single Family
13,822
Multi-Family
553
Businesses
729
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Listed by: Benjamin Clark • DESANTIS PROPERTY MANAGEMENT LLC
Mls Name: WPMLS
Mls ID: #1699835