1003 Teakwood DrNewfoundlandPA18445
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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 Newfoundland at 1003 Teakwood Dr, Newfoundland, PA, 18445 uses $92,787 cash to close to unlock $8,434/yr annual cash flow and $703/mo monthly cash flow. Total monthly income runs $2,537/mo, and a $1,370/mo payment keeps the spread at $703/mo. Purchase price stands at $279,900, and rental yield measures 10.88% with $2,537/mo rent. Return on cash invested shows 29% in year one, and 5% annual appreciation builds toward $77,331 over five years. Five-year ROI reaches 152.07% and total cumulative return in cash records $141,097. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,537/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Single Family
Built in 1979
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18445, Newfoundland, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,545 (100%) |
| Owner Occupied HU | 833 (53.9%) |
| Renter Occupied HU | 166 (10.7%) |
| Vacant Housing Units | 546 (35.3%) |
| Median Home Value | $311,635 |
| Average Home Value | $359,898 |
Housing Distribution
Address Breakdown
Residential
1,032
Single Family
1,032
Multi-Family
0
Businesses
69
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Listed by: Michael J Volpone • RE/MAX Real Estate
Mls Name: GLVR
Mls ID: #763890