850 S Main St APT 108WashingtonPA15301
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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 Washington at 850 S Main St APT 108, Washington, PA, 15301 generates $1,211/mo in rent and, after a $710/mo payment, leaves $261/mo in cash flow. Total monthly income is $1,211/mo, and annual cash flow is $3,126/yr on $48,068 invested. Return on cash invested sits at 26.41% in year one, and rental yield is 10.02% on a $145,000 entry. Equity gained on principal adds $936/yr, while 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 138.25% and total cumulative return in cash sums $66,452. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,211/mo property income rather than buyer’s personal income.
Condo
Built in 1998
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15301, Washington, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,365 (100%) |
| Owner Occupied HU | 14,503 (62.1%) |
| Renter Occupied HU | 6,566 (28.1%) |
| Vacant Housing Units | 2,296 ( 9.8%) |
| Median Home Value | $262,839 |
| Average Home Value | $315,220 |
Housing Distribution
Address Breakdown
Residential
22,187
Single Family
20,057
Multi-Family
2,130
Businesses
1,996
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Listed by: Ruthann Cleveland • BERKSHIRE HATHAWAY THE PREFERRED REALTY
Mls Name: WPMLS
Mls ID: #1737617