129 Locust StPleasant GapPA16823
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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 Pleasant Gap at 129 Locust St, Pleasant Gap, PA, 16823 earns $39/mo cash flow from $1,540/mo rent with a $1,121/mo payment. Total monthly income totals $1,540/mo, and annual cash flow totals $471/yr on $75,914 capital. ROI tracks 20.53% on current figures, and rental yield reads 8.07% at a $229,000 purchase. Equity gained on principal adds $1,478/yr, and 5% annual appreciation supports $63,268 over five years. Five-year ROI reaches 106.69% and total cumulative return in cash sums $80,993. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,540/mo property income instead of your personal income.
Single Family
Built in 1954
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16823, Bellefonte, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,426 (100%) |
| Owner Occupied HU | 7,790 (68.2%) |
| Renter Occupied HU | 2,963 (25.9%) |
| Vacant Housing Units | 673 ( 5.9%) |
| Median Home Value | $319,300 |
| Average Home Value | $356,785 |
Housing Distribution
Address Breakdown
Residential
10,996
Single Family
10,318
Multi-Family
678
Businesses
740
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Listed by: Laurie D Wells • Adventure Realty
Mls Name: Bright MLS
Mls ID: #PACE2515528