111 Drake LnDuncansvillePA16635
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 Duncansville at 111 Drake Ln, Duncansville, PA, 16635 priced at $345,000 converts $1,560/mo rent into after a $1,689/mo obligation. Total monthly income equals $1,560/mo. Return on cash invested prints 12.55% in year one, and rental yield reads 5.43% against a $345,000 entry. Equity gained on principal adds $2,226/yr, while 5% annual appreciation compiles into $95,317 by year five. Five-year ROI reaches 63.87% and total cumulative return in cash sums $73,048. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,560/mo property income covering a $1,689/mo payment, not borrower’s personal income.
Single Family
Built in 1997
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16635, Duncansville, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,835 (100%) |
| Owner Occupied HU | 3,610 (74.7%) |
| Renter Occupied HU | 919 (19.0%) |
| Vacant Housing Units | 306 ( 6.3%) |
| Median Home Value | $214,579 |
| Average Home Value | $248,359 |
Housing Distribution
Address Breakdown
Residential
4,838
Single Family
4,661
Multi-Family
177
Businesses
445
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rachel Schreck • Re/max Results Realty Group
Mls Name: AHAR
Mls ID: #78512