107 N 1st StShippenvillePA16254
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 Shippenville at 107 N 1st St, Shippenville, PA, 16254 generates $1,470/mo in rent and, after a $954/mo payment, leaves $193/mo in cash flow. Total monthly income is $1,470/mo, and annual cash flow is $2,313/yr on $64,609 invested. Return on cash invested sits at 23.49% in year one, and rental yield is 9.05% on a $194,900 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation builds toward $53,847 over five years. Five-year ROI reaches 122.53% and total cumulative return in cash sums $79,167. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,470/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16254, Shippenville, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,472 (100%) |
| Owner Occupied HU | 1,061 (72.1%) |
| Renter Occupied HU | 227 (15.4%) |
| Vacant Housing Units | 184 (12.5%) |
| Median Home Value | $164,792 |
| Average Home Value | $206,256 |
Housing Distribution
Address Breakdown
Residential
1,294
Single Family
1,294
Multi-Family
0
Businesses
133
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael Wise • Coldwell Banker BURNS & BURNS
Mls Name: Allegheny Valley BOR
Mls ID: #161834
Disclaimer: Copyright Allegheny Valley Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.