559 6th & 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 559 6th & Schoonmaker Ave, Monessen, PA, 15062 offers $1,590/mo rent that, after a $957/mo payment, leaves $309/mo cash flow. Total monthly income is $1,590/mo, and annual cash flow is $3,705/yr on $64,808 cash. Return on cash invested measures 25.63% in year one, and rental yield stands at 9.76% at a $195,500 entry. Equity gained on principal adds $1,262/yr while 5% annual appreciation compounds into $54,013 by year five. Five-year ROI records 134% and total cumulative return in cash reaches $86,843. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,590/mo property income versus a $957/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1900
4,704 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: Susan Gill • CENTURY 21 FAIRWAYS REAL ESTATE
Mls Name: WPMLS
Mls Provider:
Mls ID: #1633321
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.