1621 Forest Green DrCoraopolisPA15108
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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 Coraopolis at 1621 Forest Green Dr, Coraopolis, PA, 15108 priced at $127,500 pairs $1,426/mo rent with $69/mo cash flow after a $624/mo payment. Total monthly income equals $1,426/mo, and annual cash flow comes to $823/yr on $42,266 invested. Return on cash invested is 21.86% in year one, and rental yield stands at 13.42% on a $127,500 basis. Equity gained on principal adds $823/yr, and 5% annual appreciation accumulates to $35,226 by year five. Five-year ROI measures 119.18% and total cumulative return in cash reaches $50,374. For financing, Ziffy Mortgage’s DSCR program evaluates $1,426/mo property income against a $624/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1984
418.18 sqft lot
$N/A/sqft
$522 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15108, Coraopolis, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,929 (100%) |
| Owner Occupied HU | 12,348 (65.2%) |
| Renter Occupied HU | 5,076 (26.8%) |
| Vacant Housing Units | 1,505 ( 8.0%) |
| Median Home Value | $324,276 |
| Average Home Value | $375,622 |
Housing Distribution
Address Breakdown
Residential
18,585
Single Family
15,832
Multi-Family
2,753
Businesses
1,327
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Listed by: Mark Ludman • COLDWELL BANKER REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1701622
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.