701 S Harrison StKittanningPA16201
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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 Kittanning at 701 S Harrison St, Kittanning, PA, 16201 offers $1,600/mo rent that, after a $1,077/mo payment, leaves $158/mo cash flow. Total monthly income is $1,600/mo, and annual cash flow is $1,898/yr on $72,930 cash. Return on cash invested measures 22.51% in year one, and rental yield stands at 8.73% at a $220,000 entry. Equity gained on principal adds $1,420/yr while 5% annual appreciation compounds into $60,782 by year five. Five-year ROI records 117.33% and total cumulative return in cash reaches $85,571. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,600/mo property income versus a $1,077/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16201, Kittanning, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,344 (100%) |
| Owner Occupied HU | 5,317 (63.7%) |
| Renter Occupied HU | 2,106 (25.2%) |
| Vacant Housing Units | 921 (11.0%) |
| Median Home Value | $208,528 |
| Average Home Value | $247,877 |
Housing Distribution
Address Breakdown
Residential
7,529
Single Family
7,109
Multi-Family
420
Businesses
680
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Listed by: Tony Molnar-Strejcek • HOWARD HANNA REAL ESTATE SERVICES
Mls Name: WPMLS
Mls Provider:
Mls ID: #1723894
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.