121 Sharon Ave NWashingtonPA15301
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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 121 Sharon Ave N, Washington, PA, 15301 uses $77,869 cash to close to unlock $3,125/yr annual cash flow and $260/mo monthly cash flow. Total monthly income runs $1,800/mo, and a $1,150/mo payment keeps the spread at $260/mo. Purchase price stands at $234,900, and rental yield measures 9.2% with $1,800/mo rent. Return on cash invested shows 23.92% in year one, and 5% annual appreciation builds toward $64,899 over five years. Five-year ROI reaches 124.88% and total cumulative return in cash records $97,245. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,800/mo property income covering a $1,150/mo payment rather than investor’s personal income.
Single Family
Built in 1957
0.36 Acres 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: John Fincham • Keller Williams Realty
Mls Name: WPMLS
Mls Provider:
Mls ID: #1697552
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.