6492 Route 56 Hwy EHomer CityPA15748
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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
Investment property for sale in Homer City at 6492 Route 56 Hwy E, Homer City, PA, 15748 offers a 10.96% rental yield on a $199,900 purchase with $1,825/mo rent. Total monthly income registers $1,825/mo, and a $978/mo payment leaves $516/mo available for distribution. Annual cash flow reaches $6,186/yr on $66,267 to close, and return on cash invested stands at 29.24% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 153.4% and total cumulative return in cash at $101,653. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,825/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1939
2.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15748, Homer City, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,178 (100%) |
| Owner Occupied HU | 2,260 (71.1%) |
| Renter Occupied HU | 593 (18.7%) |
| Vacant Housing Units | 325 (10.2%) |
| Median Home Value | $165,957 |
| Average Home Value | $207,573 |
Housing Distribution
Address Breakdown
Residential
2,901
Single Family
2,876
Multi-Family
25
Businesses
157
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Listed by: Austin Clark • REALTY ONE GROUP LANDMARK
Mls Name: WPMLS
Mls Provider:
Mls ID: #1729924
Disclaimer: Listing 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.