667 Park AveMeadvillePA16335
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 667 Park Ave, Meadville, PA, 16335 in Meadville hard to pass up. The 13.71% gross yield on a $115,000 purchase results in $1,314/mo in rent and $560/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.54). Annual cash flow of $6,725, five-year appreciation of $31,772, and $1,059/yr in equity build-up combine for a projected total cumulative return of $79,907.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 13.7% | 6.2% |
| Monthly Cash Flow | $560 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,314 |
| Total Monthly Debt Service | $708 |
| DSCR Ratio | 1.86x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in N/A
N/A 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
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
Multi Family
Built in N/A
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: PJ Albrecht • Agresti Real Estate - Meadville
Mls Name: GEMLS
Mls ID: #183768
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.