114 Mineral Springs RdHopwoodPA15445
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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 Hopwood at 114 Mineral Springs Rd, Hopwood, PA, 15445 priced at $245,900 converts $1,421/mo rent into after a $1,204/mo obligation. Total monthly income equals $1,421/mo. Return on cash invested prints 17.1% in year one, and rental yield reads 6.93% against a $245,900 entry. Equity gained on principal adds $1,587/yr, while 5% annual appreciation compiles into $67,938 by year five. Five-year ROI reaches 88.31% and total cumulative return in cash sums $71,983. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,421/mo property income covering a $1,204/mo payment, not borrower’s personal income.
Single Family
Built in 1975
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15445, Hopwood, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,238 (100%) |
| Owner Occupied HU | 821 (66.3%) |
| Renter Occupied HU | 281 (22.7%) |
| Vacant Housing Units | 136 (11.0%) |
| Median Home Value | $164,205 |
| Average Home Value | $193,206 |
Housing Distribution
Address Breakdown
Residential
1,151
Single Family
1,151
Multi-Family
0
Businesses
94
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Listed by: Michelle Misiak • HOWARD HANNA MYERS REAL ESTATE SERVICES
Mls Name: WPMLS
Mls Provider:
Mls ID: #1694990
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.