12956 Ryan DrConneaut LakePA16316
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
Investment property for sale in Conneaut Lake at 12956 Ryan Dr, Conneaut Lake, PA, 16316 uses $66,267 cash to close to unlock $7,206/yr annual cash flow and $601/mo monthly cash flow. Total monthly income runs $1,910/mo, and a $978/mo payment keeps the spread at $601/mo. Purchase price stands at $199,900, and rental yield measures 11.47% with $1,910/mo rent. Return on cash invested shows 30.78% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 161.67% and total cumulative return in cash records $107,137. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,910/mo property income covering a $978/mo payment rather than investor’s personal income.
Single Family
Built in 1981
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16316, Conneaut Lake, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,709 (100%) |
| Owner Occupied HU | 1,934 (52.1%) |
| Renter Occupied HU | 544 (14.7%) |
| Vacant Housing Units | 1,231 (33.2%) |
| Median Home Value | $226,471 |
| Average Home Value | $277,452 |
Housing Distribution
Address Breakdown
Residential
2,396
Single Family
2,371
Multi-Family
25
Businesses
194
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chandler Mason • RE/MAX Lakeland Realty
Mls Name: GEMLS
Mls ID: #183592
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.