213 Meadowood DrCheswickPA15024
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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 Cheswick at 213 Meadowood Dr, Cheswick, PA, 15024 priced at $298,500 converts $2,027/mo rent into $71/mo cash flow after a $1,461/mo obligation. Total monthly income equals $2,027/mo, and annual cash flow totals $852/yr on $98,953 invested. Return on cash invested prints 20.77% in year one, and rental yield reads 8.15% against a $298,500 entry. Equity gained on principal adds $1,926/yr, while 5% annual appreciation compiles into $82,470 by year five. Five-year ROI reaches 107.92% and total cumulative return in cash sums $106,785. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,027/mo property income covering a $1,461/mo payment, not borrower’s personal income.
Single Family
Built in 1975
0.28 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
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Listed by: Stephanie Wanamaker • COLDWELL BANKER REALTY
Mls Name: WPMLS
Mls ID: #1730448