16 Chestnut StCanonsburgPA15317
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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 Canonsburg at 16 Chestnut St, Canonsburg, PA, 15317 uses $39,747 cash to close to unlock $1,814/yr annual cash flow and $151/mo monthly cash flow. Total monthly income runs $937/mo, and a $587/mo payment keeps the spread at $151/mo. Purchase price stands at $119,900, and rental yield measures 9.38% with $937/mo rent. Return on cash invested shows 24.47% in year one, and 5% annual appreciation builds toward $33,126 over five years. Five-year ROI reaches 127.92% and total cumulative return in cash records $50,844. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $937/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 1938
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15317, Canonsburg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,630 (100%) |
| Owner Occupied HU | 14,622 (74.5%) |
| Renter Occupied HU | 3,779 (19.3%) |
| Vacant Housing Units | 1,229 ( 6.3%) |
| Median Home Value | $387,206 |
| Average Home Value | $416,592 |
Housing Distribution
Address Breakdown
Residential
18,748
Single Family
17,720
Multi-Family
1,028
Businesses
1,945
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Listed by: Linda D'Antoni • REALTY ONE GROUP ULTIMATE
Mls Name: WPMLS
Mls Provider:
Mls ID: #1716610
Disclaimer: Listing 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.