11 Spencer RdKnoxvillePA16928
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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
Rental property for sale in Knoxville at 11 Spencer Rd, Knoxville, PA, 16928 offers $1,538/mo rent that, after a $1,713/mo payment. Total monthly income is $1,538/mo. Return on cash invested measures 12.1% in year one, and rental yield stands at 5.27% at a $350,000 entry. Equity gained on principal adds $2,258/yr while 5% annual appreciation compounds into $96,699 by year five. Five-year ROI records 61.44% and total cumulative return in cash reaches $71,282. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,538/mo property income versus a $1,713/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1901
4.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16928, Knoxville, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 612 (100%) |
| Owner Occupied HU | 417 (68.1%) |
| Renter Occupied HU | 114 (18.6%) |
| Vacant Housing Units | 81 (13.2%) |
| Median Home Value | $158,214 |
| Average Home Value | $240,893 |
Housing Distribution
Address Breakdown
Residential
493
Single Family
493
Multi-Family
0
Businesses
43
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Listed by: Marc Rice • Penn Oak Realty
Mls Name: Northern Mountains of Pennsylvania MLS
Mls ID: #31723138