1071 Glade Park EKittanningPA16201
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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
Investment property for sale in Kittanning at 1071 Glade Park E, Kittanning, PA, 16201 offers a 4.15% rental yield on a $260,000 purchase with $900/mo rent. 7% in year one. Equity gained on principal adds $1,678/yr while 5% annual appreciation supports $71,833 over five years. Portfolio math shows five-year ROI at 28.24% and total cumulative return in cash at $24,341. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $900/mo property income against a $1,273/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1984
2,178 sqft lot
$N/A/sqft
$650 quarterly 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: Melissa Barker • RE/MAX SELECT REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1718631
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.