518 Middle AveWilmerdingPA15148
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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 Wilmerding at 518 Middle Ave, Wilmerding, PA, 15148 priced at $138,500 converts $1,486/mo rent into $578/mo cash flow after a $678/mo obligation. Total monthly income equals $1,486/mo, and annual cash flow totals $6,940/yr on $45,913 invested. Return on cash invested prints 35.02% in year one, and rental yield reads 12.88% against a $138,500 entry. Equity gained on principal adds $894/yr, while 5% annual appreciation compiles into $38,265 by year five. Five-year ROI reaches 184.46% and total cumulative return in cash sums $84,691. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,486/mo property income covering a $678/mo payment, not borrower’s personal income.
Multi Family
Built in 1891
2,430 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15148, Wilmerding, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,358 (100%) |
| Owner Occupied HU | 461 (33.9%) |
| Renter Occupied HU | 587 (43.2%) |
| Vacant Housing Units | 310 (22.8%) |
| Median Home Value | $62,794 |
| Average Home Value | $156,876 |
Housing Distribution
Address Breakdown
Residential
1,212
Single Family
1,033
Multi-Family
179
Businesses
87
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Listed by: Matt O'Donnell • RE/MAX REALTY BROKERS
Mls Name: WPMLS
Mls ID: #1701684