302 E Washington AveConnellsvillePA15425
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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
Investment property for sale in Connellsville at 302 E Washington Ave, Connellsville, PA, 15425 offers a 11.62% rental yield on a $125,000 purchase with $1,210/mo rent. Total monthly income registers $1,210/mo, and a $612/mo payment leaves $391/mo available for distribution. Annual cash flow reaches $4,689/yr on $41,438 to close, and return on cash invested stands at 31.22% in year one. Equity gained on principal adds $807/yr while 5% annual appreciation supports $34,535 over five years. Portfolio math shows five-year ROI at 164.04% and total cumulative return in cash at $67,973. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,210/mo property income against a $612/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1940
4,386 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15425, Connellsville, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,731 (100%) |
| Owner Occupied HU | 5,384 (61.7%) |
| Renter Occupied HU | 2,272 (26.0%) |
| Vacant Housing Units | 1,075 (12.3%) |
| Median Home Value | $162,848 |
| Average Home Value | $193,806 |
Housing Distribution
Address Breakdown
Residential
8,168
Single Family
7,881
Multi-Family
287
Businesses
605
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Listed by: Jessica Bortz • COLDWELL BANKER LAUREL RIDGE REALTY
Mls Name: WPMLS
Mls ID: #1700566