587 Chesnic DrCanonsburgPA15317
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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
Investment property for sale in Canonsburg at 587 Chesnic Dr, Canonsburg, PA, 15317 offers a 10.27% rental yield on a $319,900 purchase with $2,738/mo rent. Total monthly income registers $2,738/mo, and a $1,566/mo payment leaves $642/mo available for distribution. Annual cash flow reaches $7,698/yr on $106,047 to close, and return on cash invested stands at 27.17% in year one. Equity gained on principal adds $2,064/yr while 5% annual appreciation supports $88,382 over five years. Portfolio math shows five-year ROI at 142.27% and total cumulative return in cash at $150,872. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,738/mo property income against a $1,566/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2015
5,749 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15317, Canonsburg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,630 (100%) |
| Owner Occupied HU | 14,622 (74.5%) |
| Renter Occupied HU | 3,779 (19.3%) |
| Vacant Housing Units | 1,229 ( 6.3%) |
| Median Home Value | $387,206 |
| Average Home Value | $416,592 |
Housing Distribution
Address Breakdown
Residential
18,748
Single Family
17,720
Multi-Family
1,028
Businesses
1,945
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Listed by: Michael Kusenko • MERIDIAN REAL ESTATE GROUP
Mls Name: WPMLS
Mls ID: #1737160