676 Cullum StMeadvillePA16335
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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 Meadville at 676 Cullum St, Meadville, PA, 16335 offers $1,740/mo rent that, after a $807/mo payment, leaves $660/mo cash flow. Total monthly income is $1,740/mo, and annual cash flow is $7,914/yr on $54,664 cash. Return on cash invested measures 34.39% in year one, and rental yield stands at 12.66% at a $164,900 entry. Equity gained on principal adds $1,064/yr while 5% annual appreciation compounds into $45,559 by year five. Five-year ROI records 181% and total cumulative return in cash reaches $98,944. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,740/mo property income versus a $807/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
6,534 sqft 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: Leslie Berger • ERA Richmond Real Estate Service
Mls Name: GEMLS
Mls ID: #188797