3379 Route 56 Hwy EHomer CityPA15748
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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 Homer City at 3379 Route 56 Hwy E, Homer City, PA, 15748 offers a 13.99% rental yield on a $370,000 purchase with $4,315/mo rent. Total monthly income registers $4,315/mo, and a $1,811/mo payment leaves $1,888/mo available for distribution. Annual cash flow reaches $22,659/yr on $122,655 to close, and return on cash invested stands at 38.38% in year one. Equity gained on principal adds $2,388/yr while 5% annual appreciation supports $102,224 over five years. Portfolio math shows five-year ROI at 202.42% and total cumulative return in cash at $248,273. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,315/mo property income against a $1,811/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
2.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15748, Homer City, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,178 (100%) |
| Owner Occupied HU | 2,260 (71.1%) |
| Renter Occupied HU | 593 (18.7%) |
| Vacant Housing Units | 325 (10.2%) |
| Median Home Value | $165,957 |
| Average Home Value | $207,573 |
Housing Distribution
Address Breakdown
Residential
2,901
Single Family
2,876
Multi-Family
25
Businesses
157
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Listed by: Casey McCombie • HOWARD HANNA KUZNESKI & LOCKARD R.E. - INDIANA
Mls Name: WPMLS
Mls Provider:
Mls ID: #1706195
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.