274 Main StRameyPA16671
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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 Ramey at 274 Main St, Ramey, PA, 16671 offers a 9.57% rental yield on a $122,000 purchase with $973/mo rent. Total monthly income registers $973/mo, and a $597/mo payment leaves $174/mo available for distribution. Annual cash flow reaches $2,084/yr on $40,443 to close, and return on cash invested stands at 25.06% in year one. Equity gained on principal adds $787/yr while 5% annual appreciation supports $33,706 over five years. Portfolio math shows five-year ROI at 131% and total cumulative return in cash at $52,979. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $973/mo property income against a $597/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1905
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16671, Ramey, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 227 (100%) |
| Owner Occupied HU | 166 (73.1%) |
| Renter Occupied HU | 21 ( 9.3%) |
| Vacant Housing Units | 40 (17.6%) |
| Median Home Value | $121,429 |
| Average Home Value | $169,834 |
Housing Distribution
Address Breakdown
Residential
12
Single Family
12
Multi-Family
0
Businesses
12
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Listed by: Andrew Starr • Keller Williams Advantage Realty
Mls Name: Clearfield Jefferson AOR
Mls Provider:
Mls ID: #13-634
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.