215 1st AveWaynesburgPA15370
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 215 1st Ave, Waynesburg, PA, 15370 in Waynesburg. Priced at $159,000, it generates $1,759/mo in gross rent and $717/mo in net monthly cash flow, a 13.28% yield that comfortably supports the 2.46 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $8,608. Five-year appreciation: $43,929. Equity from principal paydown: $1,464/yr. Total projected cumulative return: $106,715.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 13.3% | 6.2% |
| Monthly Cash Flow | $717 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,759 |
| Total Monthly Debt Service | $979 |
| DSCR Ratio | 1.80x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1904
4,281 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15370, Waynesburg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,526 (100%) |
| Owner Occupied HU | 3,171 (57.4%) |
| Renter Occupied HU | 1,638 (29.6%) |
| Vacant Housing Units | 717 (13.0%) |
| Median Home Value | $219,401 |
| Average Home Value | $257,876 |
Housing Distribution
Address Breakdown
Residential
4,936
Single Family
4,793
Multi-Family
143
Businesses
561
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
Multi Family
Built in 1904
4,281 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15370, Waynesburg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,526 (100%) |
| Owner Occupied HU | 3,171 (57.4%) |
| Renter Occupied HU | 1,638 (29.6%) |
| Vacant Housing Units | 717 (13.0%) |
| Median Home Value | $219,401 |
| Average Home Value | $257,876 |
Housing Distribution
Address Breakdown
Residential
4,936
Single Family
4,793
Multi-Family
143
Businesses
561
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Suzanne Frank • PARK PLACE REALTY GROUP LLC
Mls Name: WPMLS
Mls ID: #1722097