315 Sherman AveWaynesburgPA15370
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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
Rental property for sale in Waynesburg at 315 Sherman Ave, Waynesburg, PA, 15370 priced at $184,900 converts $1,604/mo rent into $392/mo cash flow after a $905/mo obligation. Total monthly income equals $1,604/mo, and annual cash flow totals $4,709/yr on $61,294 invested. Return on cash invested prints 27.59% in year one, and rental yield reads 10.41% against a $184,900 entry. Equity gained on principal adds $1,193/yr, while 5% annual appreciation compiles into $51,084 by year five. Five-year ROI reaches 144.55% and total cumulative return in cash sums $88,603. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,604/mo property income covering a $905/mo payment, not borrower’s personal income.
Single Family
Built in 1951
7,501 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15370, Waynesburg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,526 (100%) |
| Owner Occupied HU | 3,171 (57.4%) |
| Renter Occupied HU | 1,638 (29.6%) |
| Vacant Housing Units | 717 (13.0%) |
| Median Home Value | $219,401 |
| Average Home Value | $257,876 |
Housing Distribution
Address Breakdown
Residential
4,936
Single Family
4,793
Multi-Family
143
Businesses
561
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Listed by: Autumn Lee • BAILY REAL ESTATE
Mls Name: WPMLS
Mls Provider:
Mls ID: #1694209
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.