517 Schoonmaker AveMonessenPA15062
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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 Monessen at 517 Schoonmaker Ave, Monessen, PA, 15062 priced at $175,000 converts $1,680/mo rent into $533/mo cash flow after a $857/mo obligation. Total monthly income equals $1,680/mo, and annual cash flow totals $6,393/yr on $58,013 invested. Return on cash invested prints 30.93% in year one, and rental yield reads 11.52% against a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation compiles into $48,349 by year five. Five-year ROI reaches 162.45% and total cumulative return in cash sums $94,243. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,680/mo property income covering a $857/mo payment, not borrower’s personal income.
Multi Family
Built in N/A
2,195 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15062, Monessen, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,897 (100%) |
| Owner Occupied HU | 2,267 (58.2%) |
| Renter Occupied HU | 873 (22.4%) |
| Vacant Housing Units | 757 (19.4%) |
| Median Home Value | $94,932 |
| Average Home Value | $194,251 |
Housing Distribution
Address Breakdown
Residential
3,251
Single Family
3,084
Multi-Family
167
Businesses
204
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Listed by: Jennifer Hoberman • RE/MAX SELECT REALTY
Mls Name: WPMLS
Mls ID: #1729102