385 Hallam AveWashingtonPA15347
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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 Washington at 385 Hallam Ave, Washington, PA, 15347 at $249,000 posts ROI 11.54% with from $1,056/mo rent. Total monthly income equals $1,056/mo. Return on cash invested measures 11.54% and rental yield reads 5.09% at the current $249,000. Equity gained on principal adds $1,607/yr, and 5% annual appreciation supports $68,794 by year five. Five-year ROI prints 58.48% and total cumulative return in cash totals $48,272. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,056/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1915
8,999 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15347, Meadow Lands, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 291 (100%) |
| Owner Occupied HU | 233 (80.1%) |
| Renter Occupied HU | 39 (13.4%) |
| Vacant Housing Units | 19 ( 6.5%) |
| Median Home Value | $417,532 |
| Average Home Value | $420,290 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
62
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Nearby investment properties with comparable prices
Listed by: Sharon Hritsko • HOWARD HANNA REAL ESTATE SERVICES
Mls Name: WPMLS
Mls ID: #1719710