31 Evelyn DrCoraopolisPA15108
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
Rental property for sale in Coraopolis at 31 Evelyn Dr, Coraopolis, PA, 15108 priced at $285,000 converts $1,717/mo rent into after a $1,395/mo obligation. Total monthly income equals $1,717/mo. Return on cash invested prints 18% in year one, and rental yield reads 7.23% against a $285,000 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation compiles into $78,740 by year five. Five-year ROI reaches 93.08% and total cumulative return in cash sums $87,942. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,717/mo property income covering a $1,395/mo payment, not borrower’s personal income.
Single Family
Built in 1948
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15108, Coraopolis, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,929 (100%) |
| Owner Occupied HU | 12,348 (65.2%) |
| Renter Occupied HU | 5,076 (26.8%) |
| Vacant Housing Units | 1,505 ( 8.0%) |
| Median Home Value | $324,276 |
| Average Home Value | $375,622 |
Housing Distribution
Address Breakdown
Residential
18,585
Single Family
15,832
Multi-Family
2,753
Businesses
1,327
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amanda Frischling • RE/MAX SELECT REALTY
Mls Name: WPMLS
Mls ID: #1729044