1316 Leeds AveMonessenPA15062
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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 Monessen at 1316 Leeds Ave, Monessen, PA, 15062 uses $52,949 cash to close to unlock $8,390/yr annual cash flow and $699/mo monthly cash flow. Total monthly income runs $1,762/mo, and a $782/mo payment keeps the spread at $699/mo. Purchase price stands at $159,724, and rental yield measures 13.24% with $1,762/mo rent. Return on cash invested shows 35.75% in year one, and 5% annual appreciation builds toward $44,129 over five years. Five-year ROI reaches 188.51% and total cumulative return in cash records $99,815. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,762/mo property income covering a $782/mo payment rather than investor’s personal income.
Single Family
Built in 1965
6,011 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15062, Monessen, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,897 (100%) |
| Owner Occupied HU | 2,267 (58.2%) |
| Renter Occupied HU | 873 (22.4%) |
| Vacant Housing Units | 757 (19.4%) |
| Median Home Value | $94,932 |
| Average Home Value | $194,251 |
Housing Distribution
Address Breakdown
Residential
3,251
Single Family
3,084
Multi-Family
167
Businesses
204
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Listed by: Gabriel Paulick • COLDWELL BANKER REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1683001
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