407 Bissell AveOil CityPA16301
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 Oil City at 407 Bissell Ave, Oil City, PA, 16301 at $105,000 posts ROI 31.94% with $349/mo cash flow from $1,037/mo rent. Total monthly income equals $1,037/mo, and annual cash flow records $4,186/yr on $34,808 to close. Return on cash invested measures 31.94% and rental yield reads 11.85% at the current $105,000. Equity gained on principal adds $678/yr, and 5% annual appreciation supports $29,010 by year five. Five-year ROI prints 167.83% and total cumulative return in cash totals $58,418.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,037/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1890
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16301, Oil City, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,861 (100%) |
| Owner Occupied HU | 4,366 (55.5%) |
| Renter Occupied HU | 2,013 (25.6%) |
| Vacant Housing Units | 1,482 (18.9%) |
| Median Home Value | $101,651 |
| Average Home Value | $144,602 |
Housing Distribution
Address Breakdown
Residential
6,788
Single Family
6,388
Multi-Family
400
Businesses
401
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bobbi Lazar • 1st Rate Realty, LLC
Mls Name: Allegheny Valley BOR
Mls ID: #161487
Disclaimer: Copyright Allegheny Valley Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.