350 Melody LnCheswickPA15024
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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 Cheswick at 350 Melody Ln, Cheswick, PA, 15024 earns $149/mo cash flow from $2,003/mo rent with a $1,370/mo payment. Total monthly income totals $2,003/mo, and annual cash flow totals $1,786/yr on $92,820 capital. ROI tracks 21.83% on current figures, and rental yield reads 8.58% at a $280,000 purchase. Equity gained on principal adds $1,807/yr, and 5% annual appreciation supports $77,359 over five years. Five-year ROI reaches 113.73% and total cumulative return in cash sums $105,561. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,003/mo property income instead of your personal income.
Single Family
Built in 1999
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15024, Cheswick, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,955 (100%) |
| Owner Occupied HU | 2,966 (75.0%) |
| Renter Occupied HU | 672 (17.0%) |
| Vacant Housing Units | 317 ( 8.0%) |
| Median Home Value | $298,658 |
| Average Home Value | $372,659 |
Housing Distribution
Address Breakdown
Residential
3,847
Single Family
3,819
Multi-Family
28
Businesses
218
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Listed by: Dana Pavlik • REAL OF PENNSYLVANIA
Mls Name: WPMLS
Mls Provider:
Mls ID: #1687595
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.