1009 Plank RdShinglehousePA16748
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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
Rental property for sale in Shinglehouse at 1009 Plank Rd, Shinglehouse, PA, 16748 priced at $142,500 converts $0/mo rent into after a $697/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -3.8% in year one, and rental yield reads 0% against a $142,500 entry. Equity gained on principal adds $920/yr, while 5% annual appreciation compiles into $39,370 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $697/mo payment, not borrower’s personal income.
Single Family
Built in 2001
35.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16748, Shinglehouse, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,628 (100%) |
| Owner Occupied HU | 968 (59.5%) |
| Renter Occupied HU | 228 (14.0%) |
| Vacant Housing Units | 432 (26.5%) |
| Median Home Value | $118,116 |
| Average Home Value | $217,009 |
Housing Distribution
Address Breakdown
Residential
857
Single Family
825
Multi-Family
32
Businesses
50
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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Listed by: Pamela Payne • Trails End Realty
Mls Name: Northern Mountains of Pennsylvania MLS
Mls Provider:
Mls ID: #31719958
Disclaimer: Copyright North Central Penn Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.