6576 State Highway 198ConneautvillePA16406
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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 Conneautville at 6576 State Highway 198, Conneautville, PA, 16406 listed at $135,000 pairs $1,170/mo rent with a $661/mo payment to leave $229/mo cash flow. Total monthly income runs $1,170/mo, and annual cash flow reaches $2,744/yr on $44,753 cash to close. Return on cash invested measures 26.04% in year one, and rental yield registers 10.4% at a $135,000 basis. Equity gained on principal adds $871/yr, and annual property appreciation at 5% supports $37,298 by year five. Five-year ROI tracks 136.78% and total cumulative return in cash totals $61,213. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,170/mo property income relative to a $661/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1905
3.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16406, Conneautville, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,416 (100%) |
| Owner Occupied HU | 1,042 (73.6%) |
| Renter Occupied HU | 227 (16.0%) |
| Vacant Housing Units | 147 (10.4%) |
| Median Home Value | $187,500 |
| Average Home Value | $268,493 |
Housing Distribution
Address Breakdown
Residential
1,202
Single Family
1,172
Multi-Family
30
Businesses
56
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Listed by: Charles Broad • Pennington Lines Real Estate
Mls Name: GEMLS
Mls ID: #175710
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.