116 Nichols StClarks SummitPA18411
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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 Clarks Summit at 116 Nichols St, Clarks Summit, PA, 18411 with 5% annual appreciation on a $189,999 basis while $1,656/mo rent supports operations. Total monthly income totals $1,656/mo and a $930/mo payment preserves $411/mo for cash returns. Annual cash flow comes to $4,931/yr on $62,985 deployed, and return on cash invested reaches 27.74% in year one. Equity gained on principal adds $1,226/yr, and five-year appreciation sums $52,493 alongside rental yield of 10.46%. Five-year ROI measures 145.29% and total cumulative return in cash totals $91,512.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,656/mo property income versus a $930/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1998
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18411, Clarks Summit, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,595 (100%) |
| Owner Occupied HU | 7,117 (74.2%) |
| Renter Occupied HU | 1,817 (18.9%) |
| Vacant Housing Units | 661 ( 6.9%) |
| Median Home Value | $313,873 |
| Average Home Value | $364,861 |
Housing Distribution
Address Breakdown
Residential
9,456
Single Family
9,073
Multi-Family
383
Businesses
674
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Listed by: Olivia Jollimore • CENTURY 21 Select Group - Hamlin
Mls Name: PWAR
Mls ID: #PW252313