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$190,000

Sale Pending
617 Jefferson Ave, Jeannette, PA 15644
4 Beds
2 Baths
0 Square Feet
0.00 Acres Lot
Built in n/a
Sale Pending
Units n/a
Checked: 13 hours ago
Updated: Jul 08, 2025 at 03:03AM

Investment Summary


Monthly Cash Flow
-$58
Cap Rate
5.3%
Cash-on-Cash Return
-1.6%
Debt Coverage Ratio
0.94
Internal Rate of Return (5 years)
2.5%

Property Description


0.00 Acres Lot
Built in n/a
Sale Pending
Units n/a

So many updates to enjoy with this beautiful move-in ready home with loads of curb appeal! This home boasts a double-lot, perfect for the home gardener or those who love spending time outdoors. The enclosed front and back porches increase your entertainment space as well as provides an enjoyable sanctuary for your morning cup of coffee. The spacious kitchen has been updated with new appliances. The second floor offers three generous sized bedrooms with an expansive master on the third floor. Windows installed in 2023, furnace and ac from 2021, and new flooring throughout.

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Location


Property Details


Parking

  • Description: OnStreet
  • Details: Off Street, On Street
  • Garage Spaces: 0
  • Spaces Total: 3

Bedroom Information

  • # of Bedrooms: 4

Bathroom Information

  • # of Baths (Full): 1
  • # of Baths (Partial): 2
  • # of Baths (Total): 2.0

Interior Features

  • # of Rooms: 5
  • # of Stories: 3
  • Basement: Yes
  • Fireplace: Yes

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: 1404010107
  • Lot Size: 0 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Cape Cod, Three Story

Tax Information

  • Annual Tax: $1,496

Utilities

  • Water & Sewer: Public
  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air

Location

  • County: Westmoreland

Listing Details


Listed by:
Ronica Craig
REALTY ONE GROUP PLATINUM
(412) 226-6500

Source:
West Penn MultiList
MLS#: 1693559
West Penn MultiList

Investment Summary


Monthly Cash Flow
-$58
Cap Rate
5.3%
Cash-on-Cash Return
-1.6%
Debt Coverage Ratio
0.94
Internal Rate of Return (5 years)
2.5%

Purchase Details

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Purchase price:
$190,000
Amount financed:
-$152,000
Down payment:
$38,000
Closing costs:
$5,700
Rehab costs:
$0
Initial cash invested:
$43,700
Square feet:
0
Cost per square foot:
n/a
Monthly rent per square foot:
n/a

Financing Details

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Loan amount:
$152,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
5.875%
Principal & interest:
$899
Property tax:
$125
Insurance:
$98
Private mortgage insurance (PMI):
$0
Monthly payment:
$1,122

Operating Income

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% Rent Monthly Yearly
Gross rent:
$1,400 $16,800
Vacancy loss: (6%)
6% -$84 -$1,008
Operating income:
$1,316 $15,792

Operating Expenses


% Rent Monthly Yearly
Property taxes: (9%)
9%-$125-$1,496
Insurance: (7%)
7%-$98-$1,176
Property management: (8%)
8%-$112-$1,344
Repairs & maintenance: (5%)
5%-$70-$840
Capital expenditures: (5%)
5%-$70-$840
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (34%)
34%-$475-$5,696

Cash Flow


Monthly Yearly
Net operating income:
$841 $10,092
Mortgage payments:
-$899 -$10,788
Cash flow:
$58 $696