550 W Chestnut StWashingtonPA15301
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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 Washington at 550 W Chestnut St, Washington, PA, 15301 priced at $141,500 converts $1,130/mo rent into $202/mo cash flow after a $693/mo obligation. Total monthly income equals $1,130/mo, and annual cash flow totals $2,428/yr on $46,907 invested. Return on cash invested prints 25.09% in year one, and rental yield reads 9.58% against a $141,500 entry. Equity gained on principal adds $913/yr, while 5% annual appreciation compiles into $39,094 by year five. Five-year ROI reaches 131.16% and total cumulative return in cash sums $61,525. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,130/mo property income covering a $693/mo payment, not borrower’s personal income.
Single Family
Built in 1909
3,240 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15301, Washington, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,365 (100%) |
| Owner Occupied HU | 14,503 (62.1%) |
| Renter Occupied HU | 6,566 (28.1%) |
| Vacant Housing Units | 2,296 ( 9.8%) |
| Median Home Value | $262,839 |
| Average Home Value | $315,220 |
Housing Distribution
Address Breakdown
Residential
22,187
Single Family
20,057
Multi-Family
2,130
Businesses
1,996
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Listed by: Brian Benton • REALTY ONE GROUP PLATINUM
Mls Name: WPMLS
Mls ID: #1686804