31 Overhill DrMonessenPA15062
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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 Monessen at 31 Overhill Dr, Monessen, PA, 15062 offers $1,444/mo rent that, after a $905/mo payment, leaves $232/mo cash flow. Total monthly income is $1,444/mo, and annual cash flow is $2,787/yr on $61,328 cash. Return on cash invested measures 24.45% in year one, and rental yield stands at 9.37% at a $185,000 entry. Equity gained on principal adds $1,194/yr while 5% annual appreciation compounds into $51,112 by year five. Five-year ROI records 127.76% and total cumulative return in cash reaches $78,351. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,444/mo property income versus a $905/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
1,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15062, Monessen, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,897 (100%) |
| Owner Occupied HU | 2,267 (58.2%) |
| Renter Occupied HU | 873 (22.4%) |
| Vacant Housing Units | 757 (19.4%) |
| Median Home Value | $94,932 |
| Average Home Value | $194,251 |
Housing Distribution
Address Breakdown
Residential
3,251
Single Family
3,084
Multi-Family
167
Businesses
204
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Listed by: N/A • N/A
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