311 Fairview AveGlassportPA15045
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
Investment property for sale in Glassport at 311 Fairview Ave, Glassport, PA, 15045 uses $48,366 cash to close to unlock $1,933/yr annual cash flow and $161/mo monthly cash flow. Total monthly income runs $1,117/mo, and a $714/mo payment keeps the spread at $161/mo. Purchase price stands at $145,900, and rental yield measures 9.19% with $1,117/mo rent. Return on cash invested shows 23.9% in year one, and 5% annual appreciation builds toward $40,309 over five years. Five-year ROI reaches 124.85% and total cumulative return in cash records $60,387. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,117/mo property income covering a $714/mo payment rather than investor’s personal income.
Single Family
Built in 1946
4,647 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15045, Glassport, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,352 (100%) |
| Owner Occupied HU | 1,197 (50.9%) |
| Renter Occupied HU | 802 (34.1%) |
| Vacant Housing Units | 353 (15.0%) |
| Median Home Value | $107,976 |
| Average Home Value | $264,816 |
Housing Distribution
Address Breakdown
Residential
1,932
Single Family
1,879
Multi-Family
53
Businesses
108
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shawn Hannegan • RE/MAX ENTERPRISE
Mls Name: WPMLS
Mls Provider:
Mls ID: #1676237
Disclaimer: IDX 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.