368 Fairview RdFredoniaPA16124
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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 Fredonia at 368 Fairview Rd, Fredonia, PA, 16124 priced at $179,000 converts $1,273/mo rent into $100/mo cash flow after a $876/mo obligation. Total monthly income equals $1,273/mo, and annual cash flow totals $1,202/yr on $59,339 invested. Return on cash invested prints 21.93% in year one, and rental yield reads 8.53% against a $179,000 entry. Equity gained on principal adds $1,155/yr, while 5% annual appreciation compiles into $49,454 by year five. Five-year ROI reaches 114.26% and total cumulative return in cash sums $67,803. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,273/mo property income covering a $876/mo payment, not borrower’s personal income.
Single Family
Built in 1945
0.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16124, Fredonia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 833 (100%) |
| Owner Occupied HU | 595 (71.4%) |
| Renter Occupied HU | 149 (17.9%) |
| Vacant Housing Units | 89 (10.7%) |
| Median Home Value | $250,238 |
| Average Home Value | $282,210 |
Housing Distribution
Address Breakdown
Residential
629
Single Family
608
Multi-Family
21
Businesses
41
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Listed by: Jaime Peltonen • REALTY ONE GROUP ULTIMATE
Mls Name: WPMLS
Mls ID: #1732653