607 Olive LnAmbridgePA15003
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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 Ambridge at 607 Olive Ln, Ambridge, PA, 15003 uses $33,150 cash to close to unlock $1,322/yr annual cash flow and $110/mo monthly cash flow. Total monthly income runs $765/mo, and a $489/mo payment keeps the spread at $110/mo. Purchase price stands at $100,000, and rental yield measures 9.18% with $765/mo rent. Return on cash invested shows 23.9% in year one, and 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 124.83% and total cumulative return in cash records $41,380. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $765/mo property income covering a $489/mo payment rather than investor’s personal income.
Single Family
Built in 1920
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15003, Ambridge, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,090 (100%) |
| Owner Occupied HU | 3,342 (54.9%) |
| Renter Occupied HU | 1,907 (31.3%) |
| Vacant Housing Units | 841 (13.8%) |
| Median Home Value | $158,454 |
| Average Home Value | $251,928 |
Housing Distribution
Address Breakdown
Residential
5,272
Single Family
5,090
Multi-Family
182
Businesses
416
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Listed by: Georgie Smigel • COLDWELL BANKER REALTY
Mls Name: WPMLS
Mls ID: #1725480