10124 Route 56 Hwy EHomer CityPA15748
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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
Investment property for sale in Homer City at 10124 Route 56 Hwy E, Homer City, PA, 15748 earns from $834/mo rent with a $1,953/mo payment. Total monthly income totals $834/mo. ROI tracks 3.75% on current figures, and rental yield reads 2.51% at a $399,000 purchase. Equity gained on principal adds $2,575/yr, and 5% annual appreciation supports $110,236 over five years. Five-year ROI reaches 16.7% and total cumulative return in cash sums $22,094. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $834/mo property income instead of your personal income.
Single Family
Built in 1977
104 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15748, Homer City, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,178 (100%) |
| Owner Occupied HU | 2,260 (71.1%) |
| Renter Occupied HU | 593 (18.7%) |
| Vacant Housing Units | 325 (10.2%) |
| Median Home Value | $165,957 |
| Average Home Value | $207,573 |
Housing Distribution
Address Breakdown
Residential
2,901
Single Family
2,876
Multi-Family
25
Businesses
157
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Listed by: Daniel Mccracken • Mossy Oak Properties Pennsylvania Land Professionals, LLC
Mls Name: My State MLS
Mls ID: #11631109