1049 Sherman Dr, Lake City, PA, 16423 | 5.95% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Lake City at 1049 Sherman Dr, Lake City, PA, 16423 generates $1,140/mo in rent, after a $1,125/mo payment. Total monthly income is $1,140/mo. Return on cash invested sits at 14.14% in year one, and rental yield is 5.95% on a $229,900 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation builds toward $63,517 over five years. Five-year ROI reaches 72.4% and total cumulative return in cash sums $55,175. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,140/mo property income rather than buyer’s personal income.

Single Family

Built in 1993

0.51 Acres lot

$N/A/sqft

No HOA