115 Oak AveMillvalePA15209
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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 Millvale at 115 Oak Ave, Millvale, PA, 15209 offers $1,864/mo rent that, after a $1,150/mo payment, leaves $324/mo cash flow. Total monthly income is $1,864/mo, and annual cash flow is $3,891/yr on $77,903 cash. Return on cash invested measures 24.9% in year one, and rental yield stands at 9.52% at a $235,000 entry. Equity gained on principal adds $1,516/yr while 5% annual appreciation compounds into $64,926 by year five. Five-year ROI records 130.15% and total cumulative return in cash reaches $101,392. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,864/mo property income versus a $1,150/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15209, Pittsburgh, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,769 (100%) |
| Owner Occupied HU | 3,696 (64.1%) |
| Renter Occupied HU | 1,532 (26.6%) |
| Vacant Housing Units | 541 ( 9.4%) |
| Median Home Value | $239,021 |
| Average Home Value | $275,865 |
Housing Distribution
Address Breakdown
Residential
5,613
Single Family
5,318
Multi-Family
295
Businesses
312
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Listed by: Carol McCarthy • COLDWELL BANKER REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1689798
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.