1318 Eastwood DrClarionPA16214
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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 Clarion at 1318 Eastwood Dr, Clarion, PA, 16214 uses $59,339 cash to close to unlock $3,758/yr annual cash flow and $313/mo monthly cash flow. Total monthly income runs $1,486/mo, and a $876/mo payment keeps the spread at $313/mo. Purchase price stands at $179,000, and rental yield measures 9.96% with $1,486/mo rent. Return on cash invested shows 26.24% in year one, and 5% annual appreciation builds toward $49,454 over five years. Five-year ROI reaches 137.36% and total cumulative return in cash records $81,507. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,486/mo property income covering a $876/mo payment rather than investor’s personal income.
Single Family
Built in 1958
0.34 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
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Listed by: Cristina Fischer • Keller Williams Advantage Realty
Mls Name: Clearfield Jefferson AOR
Mls ID: #09-7365