1108 Main StConneautvillePA16406
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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 Conneautville at 1108 Main St, Conneautville, PA, 16406 offers a 12.25% rental yield on a $149,900 purchase with $1,530/mo rent. Total monthly income registers $1,530/mo, and a $734/mo payment leaves $490/mo available for distribution. Annual cash flow reaches $5,882/yr on $49,692 to close, and return on cash invested stands at 31.75% in year one. Equity gained on principal adds $967/yr while 5% annual appreciation supports $41,415 over five years. Portfolio math shows five-year ROI at 167.4% and total cumulative return in cash at $83,183. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,530/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1900
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16406, Conneautville, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,416 (100%) |
| Owner Occupied HU | 1,042 (73.6%) |
| Renter Occupied HU | 227 (16.0%) |
| Vacant Housing Units | 147 (10.4%) |
| Median Home Value | $187,500 |
| Average Home Value | $268,493 |
Housing Distribution
Address Breakdown
Residential
1,202
Single Family
1,172
Multi-Family
30
Businesses
56
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Listed by: Daniel Maher • Coldwell Banker Select - Airport
Mls Name: GEMLS
Mls ID: #180813
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.