611 Meade DrCoraopolisPA15108
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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 Coraopolis at 611 Meade Dr, Coraopolis, PA, 15108 priced at $395,000 pairs $3,394/mo rent with $806/mo cash flow after a $1,933/mo payment. Total monthly income equals $3,394/mo, and annual cash flow comes to $9,672/yr on $130,943 invested. Return on cash invested is 27.3% in year one, and rental yield stands at 10.31% on a $395,000 basis. Equity gained on principal adds $2,549/yr, and 5% annual appreciation accumulates to $109,131 by year five. Five-year ROI measures 142.92% and total cumulative return in cash reaches $187,146. For financing, Ziffy Mortgage’s DSCR program evaluates $3,394/mo property income against a $1,933/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1983
10,149 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15108, Coraopolis, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,929 (100%) |
| Owner Occupied HU | 12,348 (65.2%) |
| Renter Occupied HU | 5,076 (26.8%) |
| Vacant Housing Units | 1,505 ( 8.0%) |
| Median Home Value | $324,276 |
| Average Home Value | $375,622 |
Housing Distribution
Address Breakdown
Residential
18,585
Single Family
15,832
Multi-Family
2,753
Businesses
1,327
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Listed by: Michael Cowden • ETERNITY REAL ESTATE LLC
Mls Name: WPMLS
Mls ID: #1712445