600 N Main StPort AlleganyPA16743
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 Port Allegany at 600 N Main St, Port Allegany, PA, 16743 offers a 11.39% rental yield on a $179,000 purchase with $1,699/mo rent. Total monthly income registers $1,699/mo, and a $876/mo payment leaves $526/mo available for distribution. Annual cash flow reaches $6,314/yr on $59,339 to close, and return on cash invested stands at 30.55% in year one. Equity gained on principal adds $1,155/yr while 5% annual appreciation supports $49,454 over five years. Portfolio math shows five-year ROI at 160.45% and total cumulative return in cash at $95,211. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,699/mo property income against a $876/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1885
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16743, Port Allegany, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,007 (100%) |
| Owner Occupied HU | 1,259 (62.7%) |
| Renter Occupied HU | 425 (21.2%) |
| Vacant Housing Units | 323 (16.1%) |
| Median Home Value | $117,003 |
| Average Home Value | $157,963 |
Housing Distribution
Address Breakdown
Residential
1,714
Single Family
1,683
Multi-Family
31
Businesses
118
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kimball Nelson • Howard Hanna Professionals - Smethport
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #R1562243
Disclaimer: The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, UNYREIS and WNYREIS. Real estate listings held by firms other than Zillow, Inc. are marked with the IDX logo and include the Listing Brokers Firm Name. Listing Data last updated at 2024-10-15 00:31:43 PDT. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Zillow, Inc. shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. 2024 CNYIS, UNYREIS, WNYREIS. All rights reserved.