104 Walnut RdKarns CityPA16041
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 Karns City at 104 Walnut Rd, Karns City, PA, 16041 priced at $359,000 converts $1,730/mo rent into after a $1,757/mo obligation. Total monthly income equals $1,730/mo. Return on cash invested prints 13.63% in year one, and rental yield reads 5.78% against a $359,000 entry. Equity gained on principal adds $2,317/yr, while 5% annual appreciation compiles into $99,185 by year five. Five-year ROI reaches 69.67% and total cumulative return in cash sums $82,915. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,730/mo property income covering a $1,757/mo payment, not borrower’s personal income.
Single Family
Built in 1952
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16041, Karns City, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,037 (100%) |
| Owner Occupied HU | 748 (72.1%) |
| Renter Occupied HU | 128 (12.3%) |
| Vacant Housing Units | 161 (15.5%) |
| Median Home Value | $252,740 |
| Average Home Value | $296,237 |
Housing Distribution
Address Breakdown
Residential
768
Single Family
768
Multi-Family
0
Businesses
25
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Nearby investment properties with comparable prices
Listed by: Kim King • BERKSHIRE HATHAWAY THE PREFERRED REALTY
Mls Name: WPMLS
Mls ID: #1723376