42-44 W 4th StOil 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 42-44 W 4th St, Oil City, PA, 16301 earns $417/mo cash flow from $1,072/mo rent with a $489/mo payment. Total monthly income totals $1,072/mo, and annual cash flow totals $5,006/yr on $33,150 capital. ROI tracks 35.01% on current figures, and rental yield reads 12.86% at a $100,000 purchase. Equity gained on principal adds $645/yr, and 5% annual appreciation supports $27,628 over five years. Five-year ROI reaches 184.45% and total cumulative return in cash sums $61,144. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,072/mo property income instead of your personal income.
Multi Family
Built in 1900
3,049 sqft 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
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Nearby investment properties with comparable prices
Listed by: Kristopher Johnson • Oil Region Realty LLC
Mls Name: Allegheny Valley BOR
Mls ID: #159124
Disclaimer: Copyright Allegheny Valley Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.