3005 Olivetre DrCheswickPA15024
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
Investment Highlights
Investment property for sale in Cheswick at 3005 Olivetre Dr, Cheswick, PA, 15024 uses $134,258 cash to close to unlock $6,448/yr annual cash flow and $537/mo monthly cash flow. Total monthly income runs $3,191/mo, and a $1,982/mo payment keeps the spread at $537/mo. Purchase price stands at $405,000, and rental yield measures 9.45% with $3,191/mo rent. Return on cash invested shows 24.71% in year one, and 5% annual appreciation builds toward $111,894 over five years. Five-year ROI reaches 129.09% and total cumulative return in cash records $173,318. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,191/mo property income covering a $1,982/mo payment rather than investor’s personal income.
Townhouse
Built in 2021
1,925 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15024, Cheswick, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,955 (100%) |
| Owner Occupied HU | 2,966 (75.0%) |
| Renter Occupied HU | 672 (17.0%) |
| Vacant Housing Units | 317 ( 8.0%) |
| Median Home Value | $298,658 |
| Average Home Value | $372,659 |
Housing Distribution
Address Breakdown
Residential
3,847
Single Family
3,819
Multi-Family
28
Businesses
218
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Denise Bigante • KELLER WILLIAMS REALTY
Mls Name: WPMLS
Mls ID: #1733303