2811 Phillips AveGlenshawPA15116
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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 Glenshaw at 2811 Phillips Ave, Glenshaw, PA, 15116 generates $2,339/mo in rent and, after a $1,273/mo payment, leaves $635/mo in cash flow. Total monthly income is $2,339/mo, and annual cash flow is $7,618/yr on $86,190 invested. Return on cash invested sits at 28.75% in year one, and rental yield is 10.8% on a $260,000 entry. Equity gained on principal adds $1,678/yr, while 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 150.72% and total cumulative return in cash sums $129,905. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,339/mo property income rather than buyer’s personal income.
Single Family
Built in 1947
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15116, Glenshaw, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,241 (100%) |
| Owner Occupied HU | 5,291 (84.8%) |
| Renter Occupied HU | 670 (10.7%) |
| Vacant Housing Units | 280 ( 4.5%) |
| Median Home Value | $276,712 |
| Average Home Value | $348,280 |
Housing Distribution
Address Breakdown
Residential
6,178
Single Family
5,870
Multi-Family
308
Businesses
323
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Listed by: Kelly Robinson • RE/MAX SELECT REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1691899
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.