208 Waterside DrMcmurrayPA15317
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 Mcmurray at 208 Waterside Dr, Mcmurray, PA, 15317 priced at $399,000 converts $2,963/mo rent into $348/mo cash flow after a $1,953/mo obligation. Total monthly income equals $2,963/mo, and annual cash flow totals $4,180/yr on $132,269 invested. Return on cash invested prints 23.07% in year one, and rental yield reads 8.91% against a $399,000 entry. Equity gained on principal adds $2,575/yr, while 5% annual appreciation compiles into $110,236 by year five. Five-year ROI reaches 120.28% and total cumulative return in cash sums $159,098. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,963/mo property income covering a $1,953/mo payment, not borrower’s personal income.
Condo
Built in 1991
1,481 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: Kimberley Fisher • HOWARD HANNA REAL ESTATE SERVICES
Mls Name: WPMLS
Mls ID: #1721283