402 E Main StSmethportPA16749
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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 Smethport at 402 E Main St, Smethport, PA, 16749 uses $51,349 cash to close to unlock $6,303/yr annual cash flow and $525/mo monthly cash flow. Total monthly income runs $1,544/mo, and a $758/mo payment keeps the spread at $525/mo. Purchase price stands at $154,900, and rental yield measures 11.96% with $1,544/mo rent. Return on cash invested shows 32.18% in year one, and 5% annual appreciation builds toward $42,796 over five years. Five-year ROI reaches 169.26% and total cumulative return in cash records $86,912. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,544/mo property income covering a $758/mo payment rather than investor’s personal income.
Single Family
Built in 1900
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16749, Smethport, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,146 (100%) |
| Owner Occupied HU | 1,410 (65.7%) |
| Renter Occupied HU | 316 (14.7%) |
| Vacant Housing Units | 420 (19.6%) |
| Median Home Value | $123,259 |
| Average Home Value | $202,574 |
Housing Distribution
Address Breakdown
Residential
1,686
Single Family
1,666
Multi-Family
20
Businesses
140
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