1016 Lamb RdSecanePA19018
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
Investment property for sale in Secane at 1016 Lamb Rd, Secane, PA, 19018 uses $112,677 cash to close to unlock $3,784/yr annual cash flow and $315/mo monthly cash flow. Total monthly income runs $2,543/mo, and a $1,664/mo payment keeps the spread at $315/mo. Purchase price stands at $339,900, and rental yield measures 8.98% with $2,543/mo rent. Return on cash invested shows 23.27% in year one, and 5% annual appreciation builds toward $93,908 over five years. Five-year ROI reaches 121.34% and total cumulative return in cash records $136,727. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,543/mo property income covering a $1,664/mo payment rather than investor’s personal income.
Single Family
Built in 1946
7,841 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19018, Clifton Heights, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,386 (100%) |
| Owner Occupied HU | 6,233 (60.0%) |
| Renter Occupied HU | 3,609 (34.7%) |
| Vacant Housing Units | 544 ( 5.2%) |
| Median Home Value | $238,445 |
| Average Home Value | $293,760 |
Housing Distribution
Address Breakdown
Residential
10,056
Single Family
8,391
Multi-Family
1,665
Businesses
492
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Listed by: Kady Proffitt • EXP Realty, LLC
Mls Name: Bright MLS
Mls ID: #PADE2100554