11312 Lakeside DrNorth EastPA16428
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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 North East at 11312 Lakeside Dr, North East, PA, 16428 earns from $3,731/mo rent with a $3,279/mo payment. Total monthly income totals $3,731/mo. ROI tracks 16.47% on current figures, and rental yield reads 6.68% at a $670,000 purchase. Equity gained on principal adds $4,323/yr, and 5% annual appreciation supports $185,109 over five years. Five-year ROI reaches 84.86% and total cumulative return in cash sums $187,049. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,731/mo property income instead of your personal income.
Single Family
Built in 1993
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16428, North East, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,453 (100%) |
| Owner Occupied HU | 3,935 (72.2%) |
| Renter Occupied HU | 1,076 (19.7%) |
| Vacant Housing Units | 442 ( 8.1%) |
| Median Home Value | $230,046 |
| Average Home Value | $271,376 |
Housing Distribution
Address Breakdown
Residential
5,192
Single Family
4,864
Multi-Family
328
Businesses
355
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Listed by: Libby Remache • Howard Hanna Erie East
Mls Name: GEMLS
Mls ID: #183720
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.