311 Cornetti RdFeneltonPA16034
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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 Fenelton at 311 Cornetti Rd, Fenelton, PA, 16034 offers a 7.64% rental yield on a $247,000 purchase with $1,573/mo rent. 24% in year one. Equity gained on principal adds $1,594/yr while 5% annual appreciation supports $68,242 over five years. Portfolio math shows five-year ROI at 99.76% and total cumulative return in cash at $81,688. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,573/mo property income against a $1,209/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16034, Fenelton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 746 (100%) |
| Owner Occupied HU | 623 (83.5%) |
| Renter Occupied HU | 78 (10.5%) |
| Vacant Housing Units | 45 ( 6.0%) |
| Median Home Value | $263,144 |
| Average Home Value | $281,758 |
Housing Distribution
Address Breakdown
Residential
717
Single Family
717
Multi-Family
0
Businesses
43
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Listed by: Debra Monteleone • ENDEAVOR REALTY GROUP, LLC.
Mls Name: WPMLS
Mls Provider:
Mls ID: #1709602
Disclaimer: Listing 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.