117 W Academy StShinglehousePA16748
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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
Rental property for sale in Shinglehouse at 117 W Academy St, Shinglehouse, PA, 16748 priced at $129,900 pairs $0/mo rent with after a $636/mo payment. Total monthly income equals $0/mo. Return on cash invested is -3.82% in year one, and rental yield stands at 0% on a $129,900 basis. Equity gained on principal adds $838/yr, and 5% annual appreciation accumulates to $35,889 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $636/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16748, Shinglehouse, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,628 (100%) |
| Owner Occupied HU | 968 (59.5%) |
| Renter Occupied HU | 228 (14.0%) |
| Vacant Housing Units | 432 (26.5%) |
| Median Home Value | $118,116 |
| Average Home Value | $217,009 |
Housing Distribution
Address Breakdown
Residential
857
Single Family
825
Multi-Family
32
Businesses
50
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Nancy J. Rathbun • Howard Hanna Professionals - Smethport
Mls Name: NYSAMLSs
Mls ID: #R1645849