119 S 3rd AveClarionPA16214
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Clarion at 119 S 3rd Ave, Clarion, PA, 16214 earns $391/mo cash flow from $2,153/mo rent with a $1,316/mo payment. Total monthly income totals $2,153/mo, and annual cash flow totals $4,693/yr on $89,140 capital. ROI tracks 25.17% on current figures, and rental yield reads 9.61% at a $268,900 purchase. Equity gained on principal adds $1,735/yr, and 5% annual appreciation supports $74,292 over five years. Five-year ROI reaches 131.59% and total cumulative return in cash sums $117,304. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,153/mo property income instead of your personal income.
Single Family
Built in 1900
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16214, Clarion, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,904 (100%) |
| Owner Occupied HU | 1,654 (42.4%) |
| Renter Occupied HU | 1,491 (38.2%) |
| Vacant Housing Units | 759 (19.4%) |
| Median Home Value | $193,919 |
| Average Home Value | $248,233 |
Housing Distribution
Address Breakdown
Residential
3,446
Single Family
3,291
Multi-Family
155
Businesses
572
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jacqueline Love • GATES & BURNS REALTY, INC CL
Mls Name: Allegheny Valley BOR
Mls ID: #161989