611 Oak StSharpsvillePA16150
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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 Sharpsville at 611 Oak St, Sharpsville, PA, 16150 priced at $234,900 converts $1,409/mo rent into after a $1,150/mo obligation. Total monthly income equals $1,409/mo. Return on cash invested prints 17.9% in year one, and rental yield reads 7.2% against a $234,900 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation compiles into $64,899 by year five. Five-year ROI reaches 92.55% and total cumulative return in cash sums $72,069. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,409/mo property income covering a $1,150/mo payment, not borrower’s personal income.
Single Family
Built in 2024
9,513 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16150, Sharpsville, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,485 (100%) |
| Owner Occupied HU | 2,385 (68.4%) |
| Renter Occupied HU | 797 (22.9%) |
| Vacant Housing Units | 303 ( 8.7%) |
| Median Home Value | $168,664 |
| Average Home Value | $224,741 |
Housing Distribution
Address Breakdown
Residential
3,187
Single Family
3,038
Multi-Family
149
Businesses
159
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Listed by: Melissa Hill • BERKSHIRE HATHAWAY THE PREFERRED REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1686736
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.