308 Broad StPt AlleganyPA16743
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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 Pt Allegany at 308 Broad St, Pt Allegany, PA, 16743 at $194,800 posts ROI 11.81% with from $840/mo rent. Total monthly income equals $840/mo. Return on cash invested measures 11.81% and rental yield reads 5.17% at the current $194,800. Equity gained on principal adds $1,257/yr, and 5% annual appreciation supports $53,820 by year five. Five-year ROI prints 59.85% and total cumulative return in cash totals $38,647. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $840/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16743, Port Allegany, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,007 (100%) |
| Owner Occupied HU | 1,259 (62.7%) |
| Renter Occupied HU | 425 (21.2%) |
| Vacant Housing Units | 323 (16.1%) |
| Median Home Value | $117,003 |
| Average Home Value | $157,963 |
Housing Distribution
Address Breakdown
Residential
1,714
Single Family
1,683
Multi-Family
31
Businesses
118
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Listed by: Kimball H. Nelson • Howard Hanna Professionals - Smethport
Mls Name: NYSAMLSs
Mls ID: #R1629579