702 Gazebo DrGreensburgPA15601
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowNot flashy, but dependably profitable, 702 Gazebo Dr, Greensburg, PA, 15601 in Greensburg is listed at $159,000 and delivers $1,445/mo in rent and $397/mo in net monthly cash flow. The 11.47% yield and 2.02 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $43,929 over five years, and $1,464/yr in principal reduction supplements cash return. Total projected cumulative return: $81,719.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.5% | 6.8% |
| Monthly Cash Flow | $397 | $450 |
City averages based on Greensburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,445 |
| Total Monthly Debt Service | $1,059 |
| DSCR Ratio | 1.36x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2000
3,528 sqft lot
$N/A/sqft
$80 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 2000
3,528 sqft lot
$N/A/sqft
$80 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Barbara Bellotti • REALTY ONE GROUP LANDMARK
Mls Name: WPMLS
Mls Provider:
Mls ID: #1698298
Disclaimer: IDX 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.