215 Mitinger AveGreensburgPA15601
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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
Investment property for sale in Greensburg at 215 Mitinger Ave, Greensburg, PA, 15601 uses $52,874 cash to close to unlock $15,942/yr annual cash flow and $1,328/mo monthly cash flow. Total monthly income runs $2,374/mo, and a $781/mo payment keeps the spread at $1,328/mo. Purchase price stands at $159,500, and rental yield measures 17.86% with $2,374/mo rent. Return on cash invested shows 50.06% in year one, and 5% annual appreciation builds toward $44,067 over five years. Five-year ROI reaches 265.04% and total cumulative return in cash records $140,137. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,374/mo property income covering a $781/mo payment rather than investor’s personal income.
Single Family
Built in 1919
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15601, Greensburg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,205 (100%) |
| Owner Occupied HU | 18,433 (67.8%) |
| Renter Occupied HU | 6,750 (24.8%) |
| Vacant Housing Units | 2,022 ( 7.4%) |
| Median Home Value | $263,412 |
| Average Home Value | $309,550 |
Housing Distribution
Address Breakdown
Residential
26,266
Single Family
23,573
Multi-Family
2,693
Businesses
2,440
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Listed by: Dina Harr • SCALISE REAL ESTATE
Mls Name: WPMLS
Mls Provider:
Mls ID: #1658581
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.