712 State StMeadvillePA16335
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
Investment Highlights
Rental property for sale in Meadville at 712 State St, Meadville, PA, 16335 priced at $125,000 converts $1,409/mo rent into $590/mo cash flow after a $612/mo obligation. Total monthly income equals $1,409/mo, and annual cash flow totals $7,077/yr on $41,438 invested. Return on cash invested prints 36.99% in year one, and rental yield reads 13.53% against a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation compiles into $34,535 by year five. Five-year ROI reaches 194.91% and total cumulative return in cash sums $80,765. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,409/mo property income covering a $612/mo payment, not borrower’s personal income.
Single Family
Built in 1924
8,912 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kristin Horner • RE/MAX Hometown Realty
Mls Name: GEMLS
Mls ID: #188756