109 Lakeside DrEdinboroPA16412
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 Edinboro at 109 Lakeside Dr, Edinboro, PA, 16412 offers $1,877/mo rent that, after a $1,454/mo payment. Total monthly income is $1,877/mo. Return on cash invested measures 19.06% in year one, and rental yield stands at 7.58% at a $297,000 entry. Equity gained on principal adds $1,916/yr while 5% annual appreciation compounds into $82,056 by year five. Five-year ROI records 98.8% and total cumulative return in cash reaches $97,278. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,877/mo property income versus a $1,454/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1946
3,084 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16412, Edinboro, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,602 (100%) |
| Owner Occupied HU | 2,695 (58.6%) |
| Renter Occupied HU | 1,167 (25.4%) |
| Vacant Housing Units | 740 (16.1%) |
| Median Home Value | $261,963 |
| Average Home Value | $284,967 |
Housing Distribution
Address Breakdown
Residential
4,230
Single Family
3,831
Multi-Family
399
Businesses
297
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mark Graham • Bay City R.E., Ltd
Mls Name: GEMLS
Mls ID: #177133
Disclaimer: IDX 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.