304 May LnEvans CityPA16033
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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 Evans City at 304 May Ln, Evans City, PA, 16033 listed at $375,000 pairs $2,104/mo rent with a $1,835/mo payment. Total monthly income runs $2,104/mo. Return on cash invested measures 16.5% in year one, and rental yield registers 6.73% at a $375,000 basis. Equity gained on principal adds $2,420/yr, and annual property appreciation at 5% supports $103,606 by year five. Five-year ROI tracks 85.08% and total cumulative return in cash totals $105,771. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,104/mo property income relative to a $1,835/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1999
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16033, Evans City, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,869 (100%) |
| Owner Occupied HU | 2,237 (78.0%) |
| Renter Occupied HU | 425 (14.8%) |
| Vacant Housing Units | 207 ( 7.2%) |
| Median Home Value | $398,197 |
| Average Home Value | $451,286 |
Housing Distribution
Address Breakdown
Residential
2,975
Single Family
2,919
Multi-Family
56
Businesses
162
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Listed by: Hannah O'Donoghue • COLDWELL BANKER REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1706580
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.