158 Backwoods LnMehoopanyPA18629
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 Mehoopany at 158 Backwoods Ln, Mehoopany, PA, 18629 generates $1,922/mo in rent, after a $1,786/mo payment. Total monthly income is $1,922/mo. Return on cash invested sits at 15.25% in year one, and rental yield is 6.32% on a $365,000 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 78.36% and total cumulative return in cash sums $94,819. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,922/mo property income rather than buyer’s personal income.
Single Family
Built in 1959
16.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18629, Mehoopany, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,019 (100%) |
| Owner Occupied HU | 575 (56.4%) |
| Renter Occupied HU | 157 (15.4%) |
| Vacant Housing Units | 287 (28.2%) |
| Median Home Value | $247,406 |
| Average Home Value | $337,113 |
Housing Distribution
Address Breakdown
Residential
770
Single Family
770
Multi-Family
0
Businesses
35
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael Kmieciak • Sherlock Homes and Properties
Mls Name: GSBR
Mls ID: #SC260187