303 Elkhorn RdMonacaPA15061
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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 Monaca at 303 Elkhorn Rd, Monaca, PA, 15061 uses $102,765 cash to close to unlock $599/yr annual cash flow and $50/mo monthly cash flow. Total monthly income runs $2,081/mo, and a $1,517/mo payment keeps the spread at $50/mo. Purchase price stands at $310,000, and rental yield measures 8.06% with $2,081/mo rent. Return on cash invested shows 20.49% in year one, and 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 106.43% and total cumulative return in cash records $109,375. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,081/mo property income covering a $1,517/mo payment rather than investor’s personal income.
Single Family
Built in 1980
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15061, Monaca, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,021 (100%) |
| Owner Occupied HU | 3,930 (65.3%) |
| Renter Occupied HU | 1,544 (25.6%) |
| Vacant Housing Units | 547 ( 9.1%) |
| Median Home Value | $227,526 |
| Average Home Value | $246,993 |
Housing Distribution
Address Breakdown
Residential
5,874
Single Family
5,397
Multi-Family
477
Businesses
520
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Listed by: Bridget Wysocki • HOWARD HANNA REAL ESTATE SERVICES
Mls Name: WPMLS
Mls Provider:
Mls ID: #1724313
Disclaimer: Listing 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.