404 McElheny RdGlenshawPA15116
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Glenshaw at 404 McElheny Rd, Glenshaw, PA, 15116 generates $2,438/mo in rent, after a $2,031/mo payment. Total monthly income is $2,438/mo. Return on cash invested sits at 17.46% in year one, and rental yield is 7.05% on a $414,900 entry. Equity gained on principal adds $2,677/yr, while 5% annual appreciation builds toward $114,629 over five years. Five-year ROI reaches 90.16% and total cumulative return in cash sums $124,010. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,438/mo property income rather than buyer’s personal income.
Single Family
Built in 1989
7,522 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15116, Glenshaw, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,241 (100%) |
| Owner Occupied HU | 5,291 (84.8%) |
| Renter Occupied HU | 670 (10.7%) |
| Vacant Housing Units | 280 ( 4.5%) |
| Median Home Value | $276,712 |
| Average Home Value | $348,280 |
Housing Distribution
Address Breakdown
Residential
6,178
Single Family
5,870
Multi-Family
308
Businesses
323
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Listed by: Edward Nadolny • REDFIN CORPORATION
Mls Name: WPMLS
Mls ID: #1726501