145 W 3rd 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 145 W 3rd St, Oil City, PA, 16301 with 5% annual appreciation on a $189,900 basis while $3,530/mo rent supports operations. Total monthly income totals $3,530/mo and a $929/mo payment preserves $2,286/mo for cash returns. Annual cash flow comes to $27,433/yr on $62,952 deployed, and return on cash invested reaches 63.49% in year one. Equity gained on principal adds $1,225/yr, and five-year appreciation sums $52,466 alongside rental yield of 22.31%. Five-year ROI measures 337.08% and total cumulative return in cash totals $212,201.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,530/mo property income versus a $929/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1877
0.32 Acres 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: Allen Sharrer • 1st Rate Realty, LLC
Mls Name: Allegheny Valley BOR
Mls ID: #160628
Disclaimer: Copyright Allegheny Valley Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.