3003 Old State RdVenusPA16364
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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 Venus at 3003 Old State Rd, Venus, PA, 16364 priced at $379,000 converts $1,577/mo rent into after a $1,855/mo obligation. Total monthly income equals $1,577/mo. Return on cash invested prints 11.25% in year one, and rental yield reads 4.99% against a $379,000 entry. Equity gained on principal adds $2,446/yr, while 5% annual appreciation compiles into $104,711 by year five. Five-year ROI reaches 56.9% and total cumulative return in cash sums $71,483. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,577/mo property income covering a $1,855/mo payment, not borrower’s personal income.
Single Family
Built in 1999
6.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16364, Venus, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 623 (100%) |
| Owner Occupied HU | 477 (76.6%) |
| Renter Occupied HU | 57 ( 9.1%) |
| Vacant Housing Units | 89 (14.3%) |
| Median Home Value | $229,622 |
| Average Home Value | $260,236 |
Housing Distribution
Address Breakdown
Residential
451
Single Family
451
Multi-Family
0
Businesses
18
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Nearby investment properties with comparable prices
Listed by: Clayton Karns • Shawgo Real Estate LLC
Mls Name: Allegheny Valley BOR
Mls ID: #161325
Disclaimer: Copyright Allegheny Valley Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.