346 Grant StFranklinPA16323
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Franklin at 346 Grant St, Franklin, PA, 16323 offers a 10.66% rental yield on a $149,900 purchase with $1,331/mo rent. Total monthly income registers $1,331/mo, and a $734/mo payment leaves $348/mo available for distribution. Annual cash flow reaches $4,181/yr on $49,692 to close, and return on cash invested stands at 28.32% in year one. Equity gained on principal adds $967/yr while 5% annual appreciation supports $41,415 over five years. Portfolio math shows five-year ROI at 148.51% and total cumulative return in cash at $73,799. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,331/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1949
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16323, Franklin, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,308 (100%) |
| Owner Occupied HU | 4,678 (64.0%) |
| Renter Occupied HU | 1,781 (24.4%) |
| Vacant Housing Units | 849 (11.6%) |
| Median Home Value | $147,654 |
| Average Home Value | $190,611 |
Housing Distribution
Address Breakdown
Residential
6,829
Single Family
6,570
Multi-Family
259
Businesses
633
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Listed by: Chase Adams • 1st Rate Realty, LLC
Mls Name: Allegheny Valley BOR
Mls ID: #162083