6204-017-2 Shick DrMeadvillePA16335
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 Meadville at 6204-017-2 Shick Dr, Meadville, PA, 16335 listed at $293,500 pairs $1,020/mo rent with a $1,437/mo payment. Total monthly income runs $1,020/mo. Return on cash invested measures 8.76% in year one, and rental yield registers 4.17% at a $293,500 basis. Equity gained on principal adds $1,894/yr, and annual property appreciation at 5% supports $81,089 by year five. Five-year ROI tracks 43.59% and total cumulative return in cash totals $42,407. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,020/mo property income relative to a $1,437/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1988
5.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16335, Meadville, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,831 (100%) |
| Owner Occupied HU | 7,152 (55.7%) |
| Renter Occupied HU | 4,358 (34.0%) |
| Vacant Housing Units | 1,321 (10.3%) |
| Median Home Value | $169,957 |
| Average Home Value | $216,034 |
Housing Distribution
Address Breakdown
Residential
11,832
Single Family
10,811
Multi-Family
1,021
Businesses
1,273
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Listed by: David Gordon • ERA Richmond Real Estate Service
Mls Name: GEMLS
Mls ID: #188766