232 Willow StMeadvillePA16335
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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 Meadville at 232 Willow St, Meadville, PA, 16335 offers a 9.4% rental yield on a $119,000 purchase with $932/mo rent. Total monthly income registers $932/mo, and a $582/mo payment leaves $153/mo available for distribution. Annual cash flow reaches $1,832/yr on $39,449 to close, and return on cash invested stands at 24.55% in year one. Equity gained on principal adds $768/yr while 5% annual appreciation supports $32,878 over five years. Portfolio math shows five-year ROI at 128.23% and total cumulative return in cash at $50,585. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $932/mo property income against a $582/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16335, Meadville, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,831 (100%) |
| Owner Occupied HU | 7,152 (55.7%) |
| Renter Occupied HU | 4,358 (34.0%) |
| Vacant Housing Units | 1,321 (10.3%) |
| Median Home Value | $169,957 |
| Average Home Value | $216,034 |
Housing Distribution
Address Breakdown
Residential
11,832
Single Family
10,811
Multi-Family
1,021
Businesses
1,273
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Listed by: Stanley McClure • ERA Richmond Real Estate Service
Mls Name: GEMLS
Mls ID: #187524