1544 Boston 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
Rental property for sale in Monessen at 1544 Boston Ave, Monessen, PA, 15062 generates $1,424/mo in rent and, after a $709/mo payment, leaves $475/mo in cash flow. Total monthly income is $1,424/mo, and annual cash flow is $5,696/yr on $48,034 invested. Return on cash invested sits at 31.77% in year one, and rental yield is 11.79% on a $144,900 entry. Equity gained on principal adds $935/yr, while 5% annual appreciation builds toward $40,033 over five years. Five-year ROI reaches 166.93% and total cumulative return in cash sums $80,185. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,424/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
0.41 Acres 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: Amanda Hauge • RE/MAX HOME CENTER
Mls Name: WPMLS
Mls ID: #1724503