729 Ohio AveGlassportPA15045
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
Investment Highlights
Rental property for sale in Glassport at 729 Ohio Ave, Glassport, PA, 15045 priced at $110,000 converts $883/mo rent into $163/mo cash flow after a $538/mo obligation. Total monthly income equals $883/mo, and annual cash flow totals $1,951/yr on $36,465 invested. Return on cash invested prints 25.26% in year one, and rental yield reads 9.63% against a $110,000 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation compiles into $30,391 by year five. Five-year ROI reaches 132.06% and total cumulative return in cash sums $48,156. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $883/mo property income covering a $538/mo payment, not borrower’s personal income.
Single Family
Built in 1927
5,501 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15045, Glassport, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,352 (100%) |
| Owner Occupied HU | 1,197 (50.9%) |
| Renter Occupied HU | 802 (34.1%) |
| Vacant Housing Units | 353 (15.0%) |
| Median Home Value | $107,976 |
| Average Home Value | $264,816 |
Housing Distribution
Address Breakdown
Residential
1,932
Single Family
1,879
Multi-Family
53
Businesses
108
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Janna Sandleitner • RE/MAX ENTERPRISE
Mls Name: WPMLS
Mls Provider:
Mls ID: #1681384
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.