519 Turnpike AveClearfieldPA16830
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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 519 Turnpike Ave, Clearfield, PA, 16830 offers $824/mo rent that, after a $685/mo payment. Total monthly income is $824/mo. Return on cash invested measures 17.36% in year one, and rental yield stands at 7.07% at a $139,900 entry. Equity gained on principal adds $903/yr while 5% annual appreciation compounds into $38,652 by year five. Five-year ROI records 89.79% and total cumulative return in cash reaches $41,643. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $824/mo property income versus a $685/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1930
8,712 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: Tre Haines • COLDWELL BANKER DEVELOPAC REALTY
Mls Name: Clearfield Jefferson AOR
Mls Provider:
Mls ID: #05-11488
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.