280 Main StAddisonPA15411
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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 Addison at 280 Main St, Addison, PA, 15411 priced at $309,000 converts $0/mo rent into after a $1,512/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -3.81% in year one, and rental yield reads 0% against a $309,000 entry. Equity gained on principal adds $1,994/yr, while 5% annual appreciation compiles into $85,371 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $1,512/mo payment, not borrower’s personal income.
Single Family
Built in 1840
1.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15411, Addison, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 613 (100%) |
| Owner Occupied HU | 241 (39.3%) |
| Renter Occupied HU | 35 ( 5.7%) |
| Vacant Housing Units | 337 (55.0%) |
| Median Home Value | $245,833 |
| Average Home Value | $302,178 |
Housing Distribution
Address Breakdown
Residential
318
Single Family
318
Multi-Family
0
Businesses
21
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No similar rental properties found nearby.
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Listed by: Jordan DeGusipe • RE/MAX PROFESSIONALS
Mls Name: WPMLS
Mls ID: #1717062