307 Water St #1WarrenPA16365
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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 Warren at 307 Water St #1, Warren, PA, 16365 generates $1,242/mo in rent and, after a $807/mo payment, leaves $162/mo in cash flow. Total monthly income is $1,242/mo, and annual cash flow is $1,938/yr on $54,664 invested. Return on cash invested sits at 23.46% in year one, and rental yield is 9.04% on a $164,900 entry. Equity gained on principal adds $1,064/yr, while 5% annual appreciation builds toward $45,559 over five years. Five-year ROI reaches 122.35% and total cumulative return in cash sums $66,880. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,242/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16365, Warren, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,760 (100%) |
| Owner Occupied HU | 5,244 (59.9%) |
| Renter Occupied HU | 2,322 (26.5%) |
| Vacant Housing Units | 1,194 (13.6%) |
| Median Home Value | $135,482 |
| Average Home Value | $173,965 |
Housing Distribution
Address Breakdown
Residential
8,060
Single Family
7,628
Multi-Family
432
Businesses
819
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Listed by: Julie French • Bhhs Regional Realty
Mls Name: Warren County BOR
Mls ID: #13712
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.