404 E Main StEvans CityPA16033
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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 Evans City at 404 E Main St, Evans City, PA, 16033 offers $1,898/mo rent that, after a $1,224/mo payment, leaves $259/mo cash flow. Total monthly income is $1,898/mo, and annual cash flow is $3,113/yr on $82,875 cash. Return on cash invested measures 23.67% in year one, and rental yield stands at 9.11% at a $250,000 entry. Equity gained on principal adds $1,613/yr while 5% annual appreciation compounds into $69,070 by year five. Five-year ROI records 123.48% and total cumulative return in cash reaches $102,334. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,898/mo property income versus a $1,224/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16033, Evans City, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,869 (100%) |
| Owner Occupied HU | 2,237 (78.0%) |
| Renter Occupied HU | 425 (14.8%) |
| Vacant Housing Units | 207 ( 7.2%) |
| Median Home Value | $398,197 |
| Average Home Value | $451,286 |
Housing Distribution
Address Breakdown
Residential
2,975
Single Family
2,919
Multi-Family
56
Businesses
162
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Listed by: Natalie Hanna • KELLER WILLIAMS REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1707860
Disclaimer: Listing 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.