58 N 5th 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
Rental property for sale in Clarion at 58 N 5th Ave, Clarion, PA, 16214 offers $1,122/mo rent that, after a $587/mo payment, leaves $336/mo cash flow. Total monthly income is $1,122/mo, and annual cash flow is $4,032/yr on $39,780 cash. Return on cash invested measures 30.04% in year one, and rental yield stands at 11.22% at a $120,000 entry. Equity gained on principal adds $774/yr while 5% annual appreciation compounds into $33,154 by year five. Five-year ROI records 157.67% and total cumulative return in cash reaches $62,719. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,122/mo property income versus a $587/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1900
10,454 sqft 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: Nate Forrest • Forrest Property Solutions, Inc.
Mls Name: Allegheny Valley BOR
Mls ID: #161790
Disclaimer: Copyright Allegheny Valley Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.