3948 Piney Dam RdClarionPA16214
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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 Clarion at 3948 Piney Dam Rd, Clarion, PA, 16214 uses $82,544 cash to close to unlock $1,993/yr annual cash flow and $166/mo monthly cash flow. Total monthly income runs $1,798/mo, and a $1,219/mo payment keeps the spread at $166/mo. Purchase price stands at $249,000, and rental yield measures 8.67% with $1,798/mo rent. Return on cash invested shows 22.32% in year one, and 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 116.31% and total cumulative return in cash records $96,008. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,798/mo property income covering a $1,219/mo payment rather than investor’s personal income.
Single Family
Built in 1953
1.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16214, Clarion, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,904 (100%) |
| Owner Occupied HU | 1,654 (42.4%) |
| Renter Occupied HU | 1,491 (38.2%) |
| Vacant Housing Units | 759 (19.4%) |
| Median Home Value | $193,919 |
| Average Home Value | $248,233 |
Housing Distribution
Address Breakdown
Residential
3,446
Single Family
3,291
Multi-Family
155
Businesses
572
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Listed by: Donald Powell • BERKSHIRE HATHAWAY THE PREFERRED REALTY
Mls Name: WPMLS
Mls ID: #1726615