608 Cooper AveOil CityPA16301
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 Oil City at 608 Cooper Ave, Oil City, PA, 16301 at $134,400 posts ROI 28.15% with $306/mo cash flow from $1,187/mo rent. Total monthly income equals $1,187/mo, and annual cash flow records $3,673/yr on $44,554 to close. Return on cash invested measures 28.15% and rental yield reads 10.6% at the current $134,400. Equity gained on principal adds $867/yr, and 5% annual appreciation supports $37,132 by year five. Five-year ROI prints 147.66% and total cumulative return in cash totals $65,788.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,187/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1927
3,484 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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Nearby investment properties with comparable prices
Listed by: Kristopher Johnson • Oil Region Realty LLC
Mls Name: Allegheny Valley BOR
Mls ID: #161617