6 Grant StFredoniaPA16124
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 Fredonia at 6 Grant St, Fredonia, PA, 16124 with 5% annual appreciation on a $149,900 basis while $1,487/mo rent supports operations. Total monthly income totals $1,487/mo and a $734/mo payment preserves $504/mo for cash returns. Annual cash flow comes to $6,053/yr on $49,692 deployed, and return on cash invested reaches 32.09% in year one. Equity gained on principal adds $967/yr, and five-year appreciation sums $41,415 alongside rental yield of 11.9%. Five-year ROI measures 168.7% and total cumulative return in cash totals $83,831.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,487/mo property income versus a $734/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
8,450 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16124, Fredonia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 833 (100%) |
| Owner Occupied HU | 595 (71.4%) |
| Renter Occupied HU | 149 (17.9%) |
| Vacant Housing Units | 89 (10.7%) |
| Median Home Value | $250,238 |
| Average Home Value | $282,210 |
Housing Distribution
Address Breakdown
Residential
629
Single Family
608
Multi-Family
21
Businesses
41
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Listed by: Justin Riapos • LIFESPACE REAL ESTATE
Mls Name: WPMLS
Mls ID: #1716877