123 N State StClarks SummitPA18411
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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 Clarks Summit at 123 N State St, Clarks Summit, PA, 18411 offers $2,520/mo rent that, after a $1,541/mo payment, leaves $457/mo cash flow. Total monthly income is $2,520/mo, and annual cash flow is $5,481/yr on $104,389 cash. Return on cash invested measures 25.16% in year one, and rental yield stands at 9.6% at a $314,900 entry. Equity gained on principal adds $2,032/yr while 5% annual appreciation compounds into $87,001 by year five. Five-year ROI records 131.47% and total cumulative return in cash reaches $137,242. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,520/mo property income versus a $1,541/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.26 Acres 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: Charles Hibble • Hibble Harris Real Estate, Inc
Mls Name: GSBR
Mls ID: #SC255104