209 Challenge LnCheswickPA15024
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 Cheswick at 209 Challenge Ln, Cheswick, PA, 15024 offers $850/mo rent that, after a $2,445/mo payment. Total monthly income is $850/mo. Return on cash invested measures 2.35% in year one, and rental yield stands at 2.04% at a $499,500 entry. Equity gained on principal adds $3,223/yr while 5% annual appreciation compounds into $138,003 by year five. Five-year ROI records 9.14% and total cumulative return in cash reaches $15,139. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $850/mo property income versus a $2,445/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
5.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15024, Cheswick, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,955 (100%) |
| Owner Occupied HU | 2,966 (75.0%) |
| Renter Occupied HU | 672 (17.0%) |
| Vacant Housing Units | 317 ( 8.0%) |
| Median Home Value | $298,658 |
| Average Home Value | $372,659 |
Housing Distribution
Address Breakdown
Residential
3,847
Single Family
3,819
Multi-Family
28
Businesses
218
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Thomas Althoff • RE/MAX SELECT REALTY
Mls Name: WPMLS
Mls ID: #1665812