566 & 576 S 3rd AveClarionPA16214
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 566 & 576 S 3rd Ave, Clarion, PA, 16214 offers a 6.62% rental yield on a $159,900 purchase with $882/mo rent. 15% in year one. Equity gained on principal adds $1,032/yr while 5% annual appreciation supports $44,177 over five years. Portfolio math shows five-year ROI at 83.16% and total cumulative return in cash at $44,082. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $882/mo property income against a $783/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
0.87 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
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Nearby investment properties with comparable prices
Listed by: Brian Burford • Burford & Henry Real Estate Services
Mls Name: Allegheny Valley BOR
Mls ID: #161407
Disclaimer: Copyright Allegheny Valley Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.