103 Mechling RdKittanningPA16201
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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 Kittanning at 103 Mechling Rd, Kittanning, PA, 16201 offers a 9.42% rental yield on a $120,000 purchase with $942/mo rent. Total monthly income registers $942/mo, and a $587/mo payment leaves $152/mo available for distribution. Annual cash flow reaches $1,823/yr on $39,780 to close, and return on cash invested stands at 24.49% in year one. Equity gained on principal adds $774/yr while 5% annual appreciation supports $33,154 over five years. Portfolio math shows five-year ROI at 127.92% and total cumulative return in cash at $50,887. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $942/mo property income against a $587/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1928
1.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16201, Kittanning, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,344 (100%) |
| Owner Occupied HU | 5,317 (63.7%) |
| Renter Occupied HU | 2,106 (25.2%) |
| Vacant Housing Units | 921 (11.0%) |
| Median Home Value | $208,528 |
| Average Home Value | $247,877 |
Housing Distribution
Address Breakdown
Residential
7,529
Single Family
7,109
Multi-Family
420
Businesses
680
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Listed by: Twila Nimal • REALTY ONE GROUP LANDMARK
Mls Name: WPMLS
Mls Provider:
Mls ID: #1703691
Disclaimer: Listing 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.