40 E Hallam AveWashingtonPA15301
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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 Washington at 40 E Hallam Ave, Washington, PA, 15301 priced at $159,899 converts $1,264/mo rent into $1/mo cash flow after a $783/mo obligation. Total monthly income equals $1,264/mo, and annual cash flow totals $17/yr on $53,007 invested. Return on cash invested prints 19.94% in year one, and rental yield reads 9.49% against a $159,899 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation compiles into $44,177 by year five. Five-year ROI reaches 105.28% and total cumulative return in cash sums $55,806. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,264/mo property income covering a $783/mo payment, not borrower’s personal income.
Multi Family
Built in 1900
2,578 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15301, Washington, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,365 (100%) |
| Owner Occupied HU | 14,503 (62.1%) |
| Renter Occupied HU | 6,566 (28.1%) |
| Vacant Housing Units | 2,296 ( 9.8%) |
| Median Home Value | $262,839 |
| Average Home Value | $315,220 |
Housing Distribution
Address Breakdown
Residential
22,187
Single Family
20,057
Multi-Family
2,130
Businesses
1,996
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Listed by: Kimberley Crase • AMERICAN DESTINY REAL ESTATE SERVICES LLC
Mls Name: WPMLS
Mls Provider:
Mls ID: #1674236
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.