238 Berkeley WayMonroevillePA15146
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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 Monroeville at 238 Berkeley Way, Monroeville, PA, 15146 priced at $450,000 converts $2,612/mo rent into after a $2,203/mo obligation. Total monthly income equals $2,612/mo. Return on cash invested prints 16.14% in year one, and rental yield reads 6.97% against a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation compiles into $124,327 by year five. Five-year ROI reaches 83.5% and total cumulative return in cash sums $124,554. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,612/mo property income covering a $2,203/mo payment, not borrower’s personal income.
Condo
Built in 2004
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15146, Monroeville, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,748 (100%) |
| Owner Occupied HU | 8,529 (62.0%) |
| Renter Occupied HU | 4,201 (30.6%) |
| Vacant Housing Units | 1,018 ( 7.4%) |
| Median Home Value | $247,609 |
| Average Home Value | $288,918 |
Housing Distribution
Address Breakdown
Residential
13,324
Single Family
10,313
Multi-Family
3,011
Businesses
1,503
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Listed by: Judith Schlosberg • HOWARD HANNA REAL ESTATE SERVICES
Mls Name: WPMLS
Mls Provider:
Mls ID: #1701110
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.