131 Heckman RdFredoniaPA16124
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
Rental property for sale in Fredonia at 131 Heckman Rd, Fredonia, PA, 16124 offers $1,704/mo rent that, after a $998/mo payment, leaves $368/mo cash flow. Total monthly income is $1,704/mo, and annual cash flow is $4,412/yr on $67,626 cash. Return on cash invested measures 26.43% in year one, and rental yield stands at 10.02% at a $204,000 entry. Equity gained on principal adds $1,316/yr while 5% annual appreciation compounds into $56,361 by year five. Five-year ROI records 138.31% and total cumulative return in cash reaches $93,532. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,704/mo property income versus a $998/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
1.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16124, Fredonia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 833 (100%) |
| Owner Occupied HU | 595 (71.4%) |
| Renter Occupied HU | 149 (17.9%) |
| Vacant Housing Units | 89 (10.7%) |
| Median Home Value | $250,238 |
| Average Home Value | $282,210 |
Housing Distribution
Address Breakdown
Residential
629
Single Family
608
Multi-Family
21
Businesses
41
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Listed by: Emily Palmer • ERA JOHNSON REAL ESTATE INC.
Mls Name: WPMLS
Mls Provider:
Mls ID: #1709802
Disclaimer: Listing 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.