8 Pinoak CirOil CityPA16301
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
Rental property for sale in Oil City at 8 Pinoak Cir, Oil City, PA, 16301 priced at $205,000 converts $1,356/mo rent into $13/mo cash flow after a $1,003/mo obligation. Total monthly income equals $1,356/mo, and annual cash flow totals $156/yr on $67,958 invested. Return on cash invested prints 20.14% in year one, and rental yield reads 7.94% against a $205,000 entry. Equity gained on principal adds $1,323/yr, while 5% annual appreciation compiles into $56,638 by year five. Five-year ROI reaches 104.61% and total cumulative return in cash sums $71,094. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,356/mo property income covering a $1,003/mo payment, not borrower’s personal income.
Single Family
Built in 1954
0.45 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dana Shawgo • Shawgo Real Estate LLC
Mls Name: Allegheny Valley BOR
Mls ID: #161875
Disclaimer: Copyright Allegheny Valley Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.