491 E 8th StClearfieldPA16830
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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 Clearfield at 491 E 8th St, Clearfield, PA, 16830 priced at $136,900 pairs $1,087/mo rent with $190/mo cash flow after a $670/mo payment. Total monthly income equals $1,087/mo, and annual cash flow comes to $2,280/yr on $45,382 invested. Return on cash invested is 24.93% in year one, and rental yield stands at 9.53% on a $136,900 basis. Equity gained on principal adds $883/yr, and 5% annual appreciation accumulates to $37,823 by year five. Five-year ROI measures 130.22% and total cumulative return in cash reaches $59,097. For financing, Ziffy Mortgage’s DSCR program evaluates $1,087/mo property income against a $670/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1930
4,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16830, Clearfield, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,854 (100%) |
| Owner Occupied HU | 3,946 (57.6%) |
| Renter Occupied HU | 2,010 (29.3%) |
| Vacant Housing Units | 898 (13.1%) |
| Median Home Value | $124,365 |
| Average Home Value | $164,519 |
Housing Distribution
Address Breakdown
Residential
6,049
Single Family
5,840
Multi-Family
209
Businesses
696
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Listed by: Wendy Desalve, Srs, E-Pro • BRIGHTSTONE REALTY GROUP
Mls Name: Clearfield Jefferson AOR
Mls ID: #05-11771