242 Main StClarionPA16214
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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 242 Main St, Clarion, PA, 16214 earns $1,449/mo cash flow from $2,746/mo rent with a $969/mo payment. Total monthly income totals $2,746/mo, and annual cash flow totals $17,384/yr on $65,637 capital. ROI tracks 46.39% on current figures, and rental yield reads 16.64% at a $198,000 purchase. Equity gained on principal adds $1,278/yr, and 5% annual appreciation supports $54,704 over five years. Five-year ROI reaches 245.37% and total cumulative return in cash sums $161,056. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,746/mo property income instead of your personal income.
Single Family
Built in 1898
5,227 sqft 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: William Henry III • Burford & Henry Real Estate Services
Mls Name: Allegheny Valley BOR
Mls ID: #160677
Disclaimer: Copyright Allegheny Valley Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.