648 Grove StGreensburgPA15601
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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 Greensburg at 648 Grove St, Greensburg, PA, 15601 generates $1,044/mo in rent and, after a $631/mo payment, leaves $199/mo in cash flow. Total monthly income is $1,044/mo, and annual cash flow is $2,389/yr on $42,764 invested. Return on cash invested sits at 25.5% in year one, and rental yield is 9.71% on a $129,000 entry. Equity gained on principal adds $832/yr, while 5% annual appreciation builds toward $35,640 over five years. Five-year ROI reaches 133.41% and total cumulative return in cash sums $57,049. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,044/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
5,850 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15601, Greensburg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,205 (100%) |
| Owner Occupied HU | 18,433 (67.8%) |
| Renter Occupied HU | 6,750 (24.8%) |
| Vacant Housing Units | 2,022 ( 7.4%) |
| Median Home Value | $263,412 |
| Average Home Value | $309,550 |
Housing Distribution
Address Breakdown
Residential
26,266
Single Family
23,573
Multi-Family
2,693
Businesses
2,440
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Listed by: Mark Schinzel • REALTY CO LLC
Mls Name: WPMLS
Mls ID: #1709909