124 E Frederick StAthensPA18810
Nearby investment properties with comparable rents
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 Athens at 124 E Frederick St, Athens, PA, 18810 priced at $185,000 converts $1,283/mo rent into $71/mo cash flow after a $905/mo obligation. Total monthly income equals $1,283/mo, and annual cash flow totals $855/yr on $61,328 invested. Return on cash invested prints 21.3% in year one, and rental yield reads 8.32% against a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation compiles into $51,112 by year five. Five-year ROI reaches 110.83% and total cumulative return in cash sums $67,971. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,283/mo property income covering a $905/mo payment, not borrower’s personal income.
Single Family
Built in 1910
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18810, Athens, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,752 (100%) |
| Owner Occupied HU | 1,666 (60.5%) |
| Renter Occupied HU | 874 (31.8%) |
| Vacant Housing Units | 212 ( 7.7%) |
| Median Home Value | $219,845 |
| Average Home Value | $247,470 |
Housing Distribution
Address Breakdown
Residential
2,661
Single Family
2,452
Multi-Family
209
Businesses
140
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Listed by: Jennifer Silata • Howard Hanna Corning Denison
Mls Name: NYSAMLSs
Mls ID: #R1628719