1068 Lakeview DrLatrobePA15650
Nearby investment properties with comparable rents
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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 Latrobe at 1068 Lakeview Dr, Latrobe, PA, 15650 uses $81,218 cash to close to unlock $10,497/yr annual cash flow and $875/mo monthly cash flow. Total monthly income runs $2,480/mo, and a $1,199/mo payment keeps the spread at $875/mo. Purchase price stands at $245,000, and rental yield measures 12.15% with $2,480/mo rent. Return on cash invested shows 32.83% in year one, and 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 172.65% and total cumulative return in cash records $140,220. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,480/mo property income covering a $1,199/mo payment rather than investor’s personal income.
Single Family
Built in 1954
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15650, Latrobe, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,574 (100%) |
| Owner Occupied HU | 8,683 (69.1%) |
| Renter Occupied HU | 2,789 (22.2%) |
| Vacant Housing Units | 1,102 ( 8.8%) |
| Median Home Value | $230,190 |
| Average Home Value | $292,325 |
Housing Distribution
Address Breakdown
Residential
11,906
Single Family
11,389
Multi-Family
517
Businesses
950
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Listed by: Ryan Scalise • SCALISE REAL ESTATE
Mls Name: WPMLS
Mls Provider:
Mls ID: #1702399
Disclaimer: Listing information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.