503 Grand Avenue ExtClarionPA16214
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 Clarion at 503 Grand Avenue Ext, Clarion, PA, 16214 offers a 8.15% rental yield on a $209,500 purchase with $1,423/mo rent. Total monthly income registers $1,423/mo, and a $1,025/mo payment leaves $51/mo available for distribution. Annual cash flow reaches $607/yr on $69,449 to close, and return on cash invested stands at 20.78% in year one. Equity gained on principal adds $1,352/yr while 5% annual appreciation supports $57,881 over five years. Portfolio math shows five-year ROI at 108.03% and total cumulative return in cash at $75,027. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,423/mo property income against a $1,025/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1969
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16214, Clarion, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,904 (100%) |
| Owner Occupied HU | 1,654 (42.4%) |
| Renter Occupied HU | 1,491 (38.2%) |
| Vacant Housing Units | 759 (19.4%) |
| Median Home Value | $193,919 |
| Average Home Value | $248,233 |
Housing Distribution
Address Breakdown
Residential
3,446
Single Family
3,291
Multi-Family
155
Businesses
572
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jacqueline Love • GATES & BURNS REALTY, INC CL
Mls Name: Allegheny Valley BOR
Mls ID: #161778