16 Barrington CtMonacaPA15061
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Monaca at 16 Barrington Ct, Monaca, PA, 15061 offers $2,683/mo rent that, after a $1,810/mo payment, leaves $260/mo cash flow. Total monthly income is $2,683/mo, and annual cash flow is $3,115/yr on $122,622 cash. Return on cash invested measures 22.45% in year one, and rental yield stands at 8.7% at a $369,900 entry. Equity gained on principal adds $2,387/yr while 5% annual appreciation compounds into $102,197 by year five. Five-year ROI records 116.95% and total cumulative return in cash reaches $143,410. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,683/mo property income versus a $1,810/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15061, Monaca, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,021 (100%) |
| Owner Occupied HU | 3,930 (65.3%) |
| Renter Occupied HU | 1,544 (25.6%) |
| Vacant Housing Units | 547 ( 9.1%) |
| Median Home Value | $227,526 |
| Average Home Value | $246,993 |
Housing Distribution
Address Breakdown
Residential
5,874
Single Family
5,397
Multi-Family
477
Businesses
520
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Listed by: Megan Laughlin • HOWARD HANNA REAL ESTATE SERVICES
Mls Name: WPMLS
Mls ID: #1728809