108 Heights AveMount GretnaPA17064
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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 Mount Gretna at 108 Heights Ave, Mount Gretna, PA, 17064 listed at $549,900 pairs $1,864/mo rent with a $2,691/mo payment. Total monthly income runs $1,864/mo. Return on cash invested measures 8.53% in year one, and rental yield registers 4.07% at a $549,900 basis. Equity gained on principal adds $3,548/yr, and annual property appreciation at 5% supports $151,927 by year five. Five-year ROI tracks 42.27% and total cumulative return in cash totals $76,478. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,864/mo property income relative to a $2,691/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1923
6,970 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17064, Mount Gretna, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 572 (100%) |
| Owner Occupied HU | 333 (58.2%) |
| Renter Occupied HU | 33 ( 5.8%) |
| Vacant Housing Units | 206 (36.0%) |
| Median Home Value | $323,913 |
| Average Home Value | $331,141 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
46
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Listed by: Frank Tomecek, Jr. • Penn Realty, LTD
Mls Name: Bright MLS
Mls ID: #PALN2024282