607 Cooper AveOil CityPA16301
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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 Oil City at 607 Cooper Ave, Oil City, PA, 16301 priced at $169,900 converts $1,452/mo rent into $338/mo cash flow after a $832/mo obligation. Total monthly income equals $1,452/mo, and annual cash flow totals $4,059/yr on $56,322 invested. Return on cash invested prints 27.12% in year one, and rental yield reads 10.26% against a $169,900 entry. Equity gained on principal adds $1,096/yr, while 5% annual appreciation compiles into $46,940 by year five. Five-year ROI reaches 142.03% and total cumulative return in cash sums $79,994. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,452/mo property income covering a $832/mo payment, not borrower’s personal income.
Single Family
Built in 1963
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16301, Oil City, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,861 (100%) |
| Owner Occupied HU | 4,366 (55.5%) |
| Renter Occupied HU | 2,013 (25.6%) |
| Vacant Housing Units | 1,482 (18.9%) |
| Median Home Value | $101,651 |
| Average Home Value | $144,602 |
Housing Distribution
Address Breakdown
Residential
6,788
Single Family
6,388
Multi-Family
400
Businesses
401
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Listed by: Christina Hart • 1st Rate Realty, LLC
Mls Name: Allegheny Valley BOR
Mls ID: #162259