359 Locust Hill RdCheswickPA15024
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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 Cheswick at 359 Locust Hill Rd, Cheswick, PA, 15024 generates $1,170/mo in rent, after a $929/mo payment. Total monthly income is $1,170/mo. Return on cash invested sits at 18.5% in year one, and rental yield is 7.39% on a $189,900 entry. Equity gained on principal adds $1,225/yr, while 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 95.83% and total cumulative return in cash sums $60,329. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,170/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
1.86 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: Tina Nobers • JANUS REALTY ADVISORS
Mls Name: WPMLS
Mls ID: #1731808