411 Erie AveGlassportPA15045
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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 Glassport at 411 Erie Ave, Glassport, PA, 15045 offers $1,061/mo rent that, after a $575/mo payment, leaves $282/mo cash flow. Total monthly income is $1,061/mo, and annual cash flow is $3,382/yr on $38,951 cash. Return on cash invested measures 28.59% in year one, and rental yield stands at 10.84% at a $117,500 entry. Equity gained on principal adds $758/yr while 5% annual appreciation compounds into $32,463 by year five. Five-year ROI records 150.01% and total cumulative return in cash reaches $58,430. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,061/mo property income versus a $575/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1929
2,748 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15045, Glassport, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,352 (100%) |
| Owner Occupied HU | 1,197 (50.9%) |
| Renter Occupied HU | 802 (34.1%) |
| Vacant Housing Units | 353 (15.0%) |
| Median Home Value | $107,976 |
| Average Home Value | $264,816 |
Housing Distribution
Address Breakdown
Residential
1,932
Single Family
1,879
Multi-Family
53
Businesses
108
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Listed by: Shawnda Smoker • BERKSHIRE HATHAWAY THE PREFERRED REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1687283
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.