18597 State Highway 98 HwyConneautvillePA16406
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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
Rental property for sale in Conneautville at 18597 State Highway 98 Hwy, Conneautville, PA, 16406 generates $0/mo in rent, after a $1,884/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -3.81% in year one, and rental yield is 0% on a $385,000 entry. Equity gained on principal adds $2,484/yr, while 5% annual appreciation builds toward $106,368 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1989
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16406, Conneautville, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,416 (100%) |
| Owner Occupied HU | 1,042 (73.6%) |
| Renter Occupied HU | 227 (16.0%) |
| Vacant Housing Units | 147 (10.4%) |
| Median Home Value | $187,500 |
| Average Home Value | $268,493 |
Housing Distribution
Address Breakdown
Residential
1,202
Single Family
1,172
Multi-Family
30
Businesses
56
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Carol Johnson • RE/MAX Real Estate Group Erie
Mls Name: GEMLS
Mls ID: #182352
Disclaimer: IDX 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.