24 Riverview AveClarionPA16214
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
Investment property for sale in Clarion at 24 Riverview Ave, Clarion, PA, 16214 earns $489/mo cash flow from $1,571/mo rent with a $808/mo payment. Total monthly income totals $1,571/mo, and annual cash flow totals $5,872/yr on $54,698 capital. ROI tracks 30.65% on current figures, and rental yield reads 11.43% at a $165,000 purchase. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 over five years. Five-year ROI reaches 160.96% and total cumulative return in cash sums $88,043. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,571/mo property income instead of your personal income.
Single Family
Built in 1960
0.32 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennifer Reilly • Berkshire Hathaway Home Service
Mls Name: Allegheny Valley BOR
Mls ID: #161500
Disclaimer: Copyright Allegheny Valley Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.