500 Meade DrCoraopolisPA15108
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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 Coraopolis at 500 Meade Dr, Coraopolis, PA, 15108 priced at $369,950 converts $3,240/mo rent into $816/mo cash flow after a $1,811/mo obligation. Total monthly income equals $3,240/mo, and annual cash flow totals $9,786/yr on $122,638 invested. Return on cash invested prints 27.89% in year one, and rental yield reads 10.51% against a $369,950 entry. Equity gained on principal adds $2,387/yr, while 5% annual appreciation compiles into $102,210 by year five. Five-year ROI reaches 146.12% and total cumulative return in cash sums $179,197. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,240/mo property income covering a $1,811/mo payment, not borrower’s personal income.
Single Family
Built in 1987
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15108, Coraopolis, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,929 (100%) |
| Owner Occupied HU | 12,348 (65.2%) |
| Renter Occupied HU | 5,076 (26.8%) |
| Vacant Housing Units | 1,505 ( 8.0%) |
| Median Home Value | $324,276 |
| Average Home Value | $375,622 |
Housing Distribution
Address Breakdown
Residential
18,585
Single Family
15,832
Multi-Family
2,753
Businesses
1,327
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Listed by: CHRISTOPHER CARR • HOMEZU
Mls Name: WPMLS
Mls Provider:
Mls ID: #1721154
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.