148 Magee RdSligoPA16255
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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 Sligo at 148 Magee Rd, Sligo, PA, 16255 priced at $425,000 converts $1,561/mo rent into after a $2,080/mo obligation. Total monthly income equals $1,561/mo. Return on cash invested prints 9.49% in year one, and rental yield reads 4.41% against a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation compiles into $117,420 by year five. Five-year ROI reaches 47.45% and total cumulative return in cash sums $66,845. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,561/mo property income covering a $2,080/mo payment, not borrower’s personal income.
Single Family
Built in 1880
88.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16255, Sligo, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 828 (100%) |
| Owner Occupied HU | 553 (66.8%) |
| Renter Occupied HU | 189 (22.8%) |
| Vacant Housing Units | 86 (10.4%) |
| Median Home Value | $182,500 |
| Average Home Value | $257,848 |
Housing Distribution
Address Breakdown
Residential
587
Single Family
587
Multi-Family
0
Businesses
40
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Nearby investment properties with comparable prices
Listed by: Matthew Kurtas • Coldwell Banker BURNS & BURNS
Mls Name: Allegheny Valley BOR
Mls ID: #159331
Disclaimer: Copyright Allegheny Valley Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.