117 W Front StOil CityPA16301
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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 Oil City at 117 W Front St, Oil City, PA, 16301 with 5% annual appreciation on a $139,900 basis while $1,402/mo rent supports operations. Total monthly income totals $1,402/mo and a $685/mo payment preserves $485/mo for cash returns. Annual cash flow comes to $5,820/yr on $46,377 deployed, and return on cash invested reaches 32.46% in year one. Equity gained on principal adds $903/yr, and five-year appreciation sums $38,652 alongside rental yield of 12.03%. Five-year ROI measures 170.6% and total cumulative return in cash totals $79,119.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,402/mo property income versus a $685/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1900
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16301, Oil City, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,861 (100%) |
| Owner Occupied HU | 4,366 (55.5%) |
| Renter Occupied HU | 2,013 (25.6%) |
| Vacant Housing Units | 1,482 (18.9%) |
| Median Home Value | $101,651 |
| Average Home Value | $144,602 |
Housing Distribution
Address Breakdown
Residential
6,788
Single Family
6,388
Multi-Family
400
Businesses
401
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Listed by: William Moon, Jr. • GATES & BURNS REALTY, INC OC
Mls Name: Allegheny Valley BOR
Mls ID: #162098