769 Orange StOil CityPA16301
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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 Oil City at 769 Orange St, Oil City, PA, 16301 offers a 8.43% rental yield on a $187,900 purchase with $1,320/mo rent. Total monthly income registers $1,320/mo, and a $920/mo payment leaves $88/mo available for distribution. Annual cash flow reaches $1,061/yr on $62,289 to close, and return on cash invested stands at 21.61% in year one. Equity gained on principal adds $1,212/yr while 5% annual appreciation supports $51,913 over five years. Portfolio math shows five-year ROI at 112.51% and total cumulative return in cash at $70,081. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,320/mo property income against a $920/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16301, Oil City, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,861 (100%) |
| Owner Occupied HU | 4,366 (55.5%) |
| Renter Occupied HU | 2,013 (25.6%) |
| Vacant Housing Units | 1,482 (18.9%) |
| Median Home Value | $101,651 |
| Average Home Value | $144,602 |
Housing Distribution
Address Breakdown
Residential
6,788
Single Family
6,388
Multi-Family
400
Businesses
401
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Listed by: Jessica Van Atta • REALTY ONE GROUP ULTIMATE
Mls Name: WPMLS
Mls ID: #1731780