10960 Route 18AlbionPA16401
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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 Albion at 10960 Route 18, Albion, PA, 16401 uses $86,190 cash to close to unlock $2,422/yr annual cash flow and $202/mo monthly cash flow. Total monthly income runs $1,906/mo, and a $1,273/mo payment keeps the spread at $202/mo. Purchase price stands at $260,000, and rental yield measures 8.8% with $1,906/mo rent. Return on cash invested shows 22.72% in year one, and 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 118.39% and total cumulative return in cash records $102,041. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,906/mo property income covering a $1,273/mo payment rather than investor’s personal income.
Single Family
Built in 1969
1.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16401, Albion, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,867 (100%) |
| Owner Occupied HU | 1,336 (71.6%) |
| Renter Occupied HU | 360 (19.3%) |
| Vacant Housing Units | 171 ( 9.2%) |
| Median Home Value | $215,642 |
| Average Home Value | $250,071 |
Housing Distribution
Address Breakdown
Residential
1,775
Single Family
1,710
Multi-Family
65
Businesses
100
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Listed by: Kelly Perrett • Howard Hanna BK Meadville
Mls Name: GEMLS
Mls ID: #188681
Disclaimer: IDX 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.