205 Spruce Ln NCanonsburgPA15317
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
Investment property for sale in Canonsburg at 205 Spruce Ln N, Canonsburg, PA, 15317 uses $140,854 cash to close to unlock $7,385/yr annual cash flow and $615/mo monthly cash flow. Total monthly income runs $3,400/mo, and a $2,080/mo payment keeps the spread at $615/mo. Purchase price stands at $424,900, and rental yield measures 9.6% with $3,400/mo rent. Return on cash invested shows 25.15% in year one, and 5% annual appreciation builds toward $117,392 over five years. Five-year ROI reaches 131.45% and total cumulative return in cash records $185,157. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,400/mo property income covering a $2,080/mo payment rather than investor’s personal income.
Townhouse
Built in 2022
2,204 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dawn Foster • COMPASS PENNSYLVANIA, LLC
Mls Name: WPMLS
Mls ID: #1730396