746 Mead AveCorryPA16407
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 746 Mead Ave, Corry, PA, 16407 in Corry. Priced at $159,900, it generates $3,256/mo in gross rent and $2,152/mo in net monthly cash flow, a 24.43% yield that comfortably supports the 4.53 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $25,820. Five-year appreciation: $44,177. Equity from principal paydown: $1,473/yr. Total projected cumulative return: $199,627.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 24.4% | 6.2% |
| Monthly Cash Flow | $2,152 | $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 | $3,256 |
| Total Monthly Debt Service | $1,040 |
| DSCR Ratio | 3.13x |
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.
Single Family
Built in 1910
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16407, Corry, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,659 (100%) |
| Owner Occupied HU | 2,963 (63.6%) |
| Renter Occupied HU | 1,245 (26.7%) |
| Vacant Housing Units | 451 ( 9.7%) |
| Median Home Value | $161,341 |
| Average Home Value | $197,347 |
Housing Distribution
Address Breakdown
Residential
4,396
Single Family
4,256
Multi-Family
140
Businesses
378
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
Single Family
Built in 1910
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16407, Corry, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,659 (100%) |
| Owner Occupied HU | 2,963 (63.6%) |
| Renter Occupied HU | 1,245 (26.7%) |
| Vacant Housing Units | 451 ( 9.7%) |
| Median Home Value | $161,341 |
| Average Home Value | $197,347 |
Housing Distribution
Address Breakdown
Residential
4,396
Single Family
4,256
Multi-Family
140
Businesses
378
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices