749 Leberman AveMeadvillePA16335
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
Investment property for sale in Meadville at 749 Leberman Ave, Meadville, PA, 16335 offers a 9.54% rental yield on a $153,500 purchase with $1,220/mo rent. Total monthly income registers $1,220/mo, and a $751/mo payment leaves $214/mo available for distribution. Annual cash flow reaches $2,573/yr on $50,885 to close, and return on cash invested stands at 24.97% in year one. Equity gained on principal adds $991/yr while 5% annual appreciation supports $42,409 over five years. Portfolio math shows five-year ROI at 130.51% and total cumulative return in cash at $66,409. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,220/mo property income against a $751/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1949
0.76 Acres 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: Carrie McAdams • Howard Hanna Erie Airport
Mls Name: GEMLS
Mls ID: #187461