78 Folk RdFredoniaPA16124
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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 Fredonia at 78 Folk Rd, Fredonia, PA, 16124 earns from $1,202/mo rent with a $3,353/mo payment. Total monthly income totals $1,202/mo. ROI tracks 2.56% on current figures, and rental yield reads 2.11% at a $685,000 purchase. Equity gained on principal adds $4,420/yr, and 5% annual appreciation supports $189,253 over five years. Five-year ROI reaches 10.27% and total cumulative return in cash sums $23,134. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,202/mo property income instead of your personal income.
Single Family
Built in 1968
32.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16124, Fredonia, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 833 (100%) |
| Owner Occupied HU | 595 (71.4%) |
| Renter Occupied HU | 149 (17.9%) |
| Vacant Housing Units | 89 (10.7%) |
| Median Home Value | $250,238 |
| Average Home Value | $282,210 |
Housing Distribution
Address Breakdown
Residential
629
Single Family
608
Multi-Family
21
Businesses
41
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Listed by: Sara McCauley • BERKSHIRE HATHAWAY THE PREFERRED REALTY
Mls Name: WPMLS
Mls ID: #1711946