114 Reed RdFeneltonPA16034
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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 Fenelton at 114 Reed Rd, Fenelton, PA, 16034 priced at $295,000 converts $2,594/mo rent into $661/mo cash flow after a $1,444/mo obligation. Total monthly income equals $2,594/mo, and annual cash flow totals $7,929/yr on $97,793 invested. Return on cash invested prints 28.02% in year one, and rental yield reads 10.55% against a $295,000 entry. Equity gained on principal adds $1,904/yr, while 5% annual appreciation compiles into $81,503 by year five. Five-year ROI reaches 146.81% and total cumulative return in cash sums $143,570. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,594/mo property income covering a $1,444/mo payment, not borrower’s personal income.
Single Family
Built in 1962
1.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16034, Fenelton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 746 (100%) |
| Owner Occupied HU | 623 (83.5%) |
| Renter Occupied HU | 78 (10.5%) |
| Vacant Housing Units | 45 ( 6.0%) |
| Median Home Value | $263,144 |
| Average Home Value | $281,758 |
Housing Distribution
Address Breakdown
Residential
717
Single Family
717
Multi-Family
0
Businesses
43
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Listed by: Corey Weber • RE/MAX INFINITY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1694645
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.