1206 Summerlea AveWashingtonPA15301
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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 Washington at 1206 Summerlea Ave, Washington, PA, 15301 uses $49,394 cash to close to unlock $2,519/yr annual cash flow and $210/mo monthly cash flow. Total monthly income runs $1,186/mo, and a $729/mo payment keeps the spread at $210/mo. Purchase price stands at $149,000, and rental yield measures 9.55% with $1,186/mo rent. Return on cash invested shows 25.01% in year one, and 5% annual appreciation builds toward $41,166 over five years. Five-year ROI reaches 130.66% and total cumulative return in cash records $64,540. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,186/mo property income covering a $729/mo payment rather than investor’s personal income.
Single Family
Built in 1922
4,094 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15301, Washington, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,365 (100%) |
| Owner Occupied HU | 14,503 (62.1%) |
| Renter Occupied HU | 6,566 (28.1%) |
| Vacant Housing Units | 2,296 ( 9.8%) |
| Median Home Value | $262,839 |
| Average Home Value | $315,220 |
Housing Distribution
Address Breakdown
Residential
22,187
Single Family
20,057
Multi-Family
2,130
Businesses
1,996
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Listed by: Janelle Carpenter • REALTY ONE GROUP GOLD STANDARD
Mls Name: WPMLS
Mls ID: #1732676