111 Hemingway LnCoraopolisPA15108
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
Rental property for sale in Coraopolis at 111 Hemingway Ln, Coraopolis, PA, 15108 offers $2,650/mo rent that, after a $2,257/mo payment. Total monthly income is $2,650/mo. Return on cash invested measures 15.19% in year one, and rental yield stands at 6.9% at a $461,090 entry. Equity gained on principal adds $2,975/yr while 5% annual appreciation compounds into $127,391 by year five. Five-year ROI records 78.66% and total cumulative return in cash reaches $120,236. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,650/mo property income versus a $2,257/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
6,054 sqft lot
$N/A/sqft
$230 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15108, Coraopolis, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,929 (100%) |
| Owner Occupied HU | 12,348 (65.2%) |
| Renter Occupied HU | 5,076 (26.8%) |
| Vacant Housing Units | 1,505 ( 8.0%) |
| Median Home Value | $324,276 |
| Average Home Value | $375,622 |
Housing Distribution
Address Breakdown
Residential
18,585
Single Family
15,832
Multi-Family
2,753
Businesses
1,327
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Listed by: Kathleen Cooper • Keller Williams Realty
Mls Name: WPMLS
Mls Provider:
Mls ID: #1687398
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.