724 Butler Rd EKittanningPA16201
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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 Kittanning at 724 Butler Rd E, Kittanning, PA, 16201 uses $49,692 cash to close to unlock $1,877/yr annual cash flow and $156/mo monthly cash flow. Total monthly income runs $1,139/mo, and a $734/mo payment keeps the spread at $156/mo. Purchase price stands at $149,900, and rental yield measures 9.12% with $1,139/mo rent. Return on cash invested shows 23.69% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 123.64% and total cumulative return in cash records $61,439. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,139/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1949
0.94 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: Melissa Barker • RE/MAX SELECT REALTY
Mls Name: WPMLS
Mls ID: #1726959