11 Washington DrMonessenPA15062
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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 Monessen at 11 Washington Dr, Monessen, PA, 15062 offers a 8.16% rental yield on a $254,900 purchase with $1,733/mo rent. Total monthly income registers $1,733/mo, and a $1,248/mo payment leaves $62/mo available for distribution. Annual cash flow reaches $747/yr on $84,499 to close, and return on cash invested stands at 20.79% in year one. Equity gained on principal adds $1,645/yr while 5% annual appreciation supports $70,424 over five years. Portfolio math shows five-year ROI at 108.1% and total cumulative return in cash at $91,344. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,733/mo property income against a $1,248/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1948
9,269 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15062, Monessen, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,897 (100%) |
| Owner Occupied HU | 2,267 (58.2%) |
| Renter Occupied HU | 873 (22.4%) |
| Vacant Housing Units | 757 (19.4%) |
| Median Home Value | $94,932 |
| Average Home Value | $194,251 |
Housing Distribution
Address Breakdown
Residential
3,251
Single Family
3,084
Multi-Family
167
Businesses
204
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Listed by: Rob Hako • HOWARD HANNA MID MON VALLEY OFFICE
Mls Name: WPMLS
Mls Provider:
Mls ID: #1687852
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.