6042 Route 62TionestaPA16353
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 Tionesta at 6042 Route 62, Tionesta, PA, 16353 offers a 2.06% rental yield on a $419,900 purchase with $720/mo rent. 4% in year one. Equity gained on principal adds $2,710/yr while 5% annual appreciation supports $116,011 over five years. Portfolio math shows five-year ROI at 9.41% and total cumulative return in cash at $13,092. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $720/mo property income against a $2,055/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2010
1.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16353, Tionesta, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,055 (100%) |
| Owner Occupied HU | 1,087 (26.8%) |
| Renter Occupied HU | 197 ( 4.9%) |
| Vacant Housing Units | 2,771 (68.3%) |
| Median Home Value | $135,861 |
| Average Home Value | $176,058 |
Housing Distribution
Address Breakdown
Residential
1,259
Single Family
1,225
Multi-Family
34
Businesses
94
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Listed by: Robert Bodenhorn • Burford & Henry Real Estate Services
Mls Name: Allegheny Valley BOR
Mls ID: #162361