616 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
Investment property for sale in Coraopolis at 616 Meade Dr, Coraopolis, PA, 15108 with 5% annual appreciation on a $353,400 basis while $2,656/mo rent supports operations. Total monthly income totals $2,656/mo and a $1,730/mo payment preserves $340/mo for cash returns. Annual cash flow comes to $4,079/yr on $117,152 deployed, and return on cash invested reaches 23.39% in year one. Equity gained on principal adds $2,280/yr, and five-year appreciation sums $97,638 alongside rental yield of 9.02%. Five-year ROI measures 121.99% and total cumulative return in cash totals $142,909.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,656/mo property income versus a $1,730/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1981
0.27 Acres 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: Heather Kaczorowski • PIATT SOTHEBY'S INTERNATIONAL REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1704521
Disclaimer: Listing 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.