883 E South StCorryPA16407
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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 Corry at 883 E South St, Corry, PA, 16407 earns $14/mo cash flow from $1,574/mo rent with a $1,165/mo payment. Total monthly income totals $1,574/mo, and annual cash flow totals $172/yr on $78,897 capital. ROI tracks 20.13% on current figures, and rental yield reads 7.94% at a $238,000 purchase. Equity gained on principal adds $1,536/yr, and 5% annual appreciation supports $65,755 over five years. Five-year ROI reaches 104.52% and total cumulative return in cash sums $82,462. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,574/mo property income instead of your personal income.
Single Family
Built in 1900
0.41 Acres 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
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Listed by: Marcus Johnson • Marsha Marsh RES Corry
Mls Name: GEMLS
Mls ID: #184191
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.