610 Fletcher RdClearfieldPA16830
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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 Clearfield at 610 Fletcher Rd, Clearfield, PA, 16830 generates $1,399/mo in rent and, after a $709/mo payment, leaves $450/mo in cash flow. Total monthly income is $1,399/mo, and annual cash flow is $5,396/yr on $48,034 invested. Return on cash invested sits at 31.14% in year one, and rental yield is 11.59% on a $144,900 entry. Equity gained on principal adds $935/yr, while 5% annual appreciation builds toward $40,033 over five years. Five-year ROI reaches 163.58% and total cumulative return in cash sums $78,577. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,399/mo property income rather than buyer’s personal income.
Single Family
Built in 1957
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16830, Clearfield, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,854 (100%) |
| Owner Occupied HU | 3,946 (57.6%) |
| Renter Occupied HU | 2,010 (29.3%) |
| Vacant Housing Units | 898 (13.1%) |
| Median Home Value | $124,365 |
| Average Home Value | $164,519 |
Housing Distribution
Address Breakdown
Residential
6,049
Single Family
5,840
Multi-Family
209
Businesses
696
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Listed by: Christian Lezzer • Keller Williams Advantage Realty
Mls Name: Clearfield Jefferson AOR
Mls Provider:
Mls ID: #05-11556
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.