407 Mitchell AveButlerPA16001
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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 Butler at 407 Mitchell Ave, Butler, PA, 16001 offers $801/mo rent that, after a $489/mo payment, leaves $146/mo cash flow. Total monthly income is $801/mo, and annual cash flow is $1,754/yr on $33,150 cash. Return on cash invested measures 25.2% in year one, and rental yield stands at 9.61% at a $100,000 entry. Equity gained on principal adds $645/yr while 5% annual appreciation compounds into $27,628 by year five. Five-year ROI records 131.81% and total cumulative return in cash reaches $43,696. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $801/mo property income versus a $489/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16001, Butler, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,235 (100%) |
| Owner Occupied HU | 12,273 (60.7%) |
| Renter Occupied HU | 6,050 (29.9%) |
| Vacant Housing Units | 1,912 ( 9.4%) |
| Median Home Value | $249,291 |
| Average Home Value | $304,175 |
Housing Distribution
Address Breakdown
Residential
18,684
Single Family
16,716
Multi-Family
1,968
Businesses
1,260
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Listed by: Nicholas Fix • RE/MAX INFINITY
Mls Name: WPMLS
Mls ID: #1737046