283 Argyle StPetroliaPA16050
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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 Petrolia at 283 Argyle St, Petrolia, PA, 16050 priced at $129,000 pairs $1,021/mo rent with $176/mo cash flow after a $631/mo payment. Total monthly income equals $1,021/mo, and annual cash flow comes to $2,113/yr on $42,764 invested. Return on cash invested is 24.85% in year one, and rental yield stands at 9.5% on a $129,000 basis. Equity gained on principal adds $832/yr, and 5% annual appreciation accumulates to $35,640 by year five. Five-year ROI measures 129.95% and total cumulative return in cash reaches $55,573. For financing, Ziffy Mortgage’s DSCR program evaluates $1,021/mo property income against a $631/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1946
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16050, Petrolia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 568 (100%) |
| Owner Occupied HU | 433 (76.2%) |
| Renter Occupied HU | 76 (13.4%) |
| Vacant Housing Units | 59 (10.4%) |
| Median Home Value | $255,000 |
| Average Home Value | $296,057 |
Housing Distribution
Address Breakdown
Residential
491
Single Family
491
Multi-Family
0
Businesses
27
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Listed by: Melissa Barker • RE/MAX SELECT REALTY
Mls Name: WPMLS
Mls ID: #1738429