120 Colonial DrWaynesburgPA15370
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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 Waynesburg at 120 Colonial Dr, Waynesburg, PA, 15370 uses $58,178 cash to close to unlock $2,328/yr annual cash flow and $194/mo monthly cash flow. Total monthly income runs $1,344/mo, and a $859/mo payment keeps the spread at $194/mo. Purchase price stands at $175,500, and rental yield measures 9.19% with $1,344/mo rent. Return on cash invested shows 23.91% in year one, and 5% annual appreciation builds toward $48,487 over five years. Five-year ROI reaches 124.76% and total cumulative return in cash records $72,584. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,344/mo property income covering a $859/mo payment rather than investor’s personal income.
Single Family
Built in 1978
0.31 Acres 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
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Listed by: Amy Lorenzi • PARK PLACE REALTY GROUP LLC
Mls Name: WPMLS
Mls ID: #1724404