246 Berkeley WayMonroevillePA15146
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowAt $315,000, 246 Berkeley Way, Monroeville, PA, 15146 in Monroeville generates $2,658/mo in rent (10.13% yield) but nets only $32/mo after debt service. The spread is thin, manageable for investors comfortable with low-margin holds who are buying into the 5% annual appreciation thesis. Ziffy Mortgage's DSCR loan (1.88) allows non-U.S. residents to acquire without personal income checks. A larger down payment reduces the monthly debt load and widens the margin. Five-year appreciation: $87,029. Total projected return: $124,474.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 6.2% |
| Monthly Cash Flow | $32 | $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 | $2,658 |
| Total Monthly Debt Service | $2,501 |
| DSCR Ratio | 1.06x |
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.
Condo
Built in 2005
3,881 sqft lot
$N/A/sqft
$519 monthly 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
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
Condo
Built in 2005
3,881 sqft lot
$N/A/sqft
$519 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gabriella Germinaro • HOWARD HANNA REAL ESTATE SERVICES
Mls Name: WPMLS
Mls Provider:
Mls ID: #1680037
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.