166 State Route 2005SpringvillePA18844
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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
Rental property for sale in Springville at 166 State Route 2005, Springville, PA, 18844 generates $1,644/mo in rent, after a $1,591/mo payment. Total monthly income is $1,644/mo. Return on cash invested sits at 14.5% in year one, and rental yield is 6.07% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 74.35% and total cumulative return in cash sums $80,101. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,644/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18844, Springville, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 724 (100%) |
| Owner Occupied HU | 471 (65.1%) |
| Renter Occupied HU | 123 (17.0%) |
| Vacant Housing Units | 130 (18.0%) |
| Median Home Value | $303,216 |
| Average Home Value | $319,007 |
Housing Distribution
Address Breakdown
Residential
677
Single Family
677
Multi-Family
0
Businesses
28
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Listed by: Christina Cosmello • Berkshire Hathaway Home Services Preferred Properties
Mls Name: GSBR
Mls Provider:
Mls ID: #SC250569
Disclaimer: Information provided by the Greater Scranton Board of REALTORS MLS. Information is for consumers personal noncommercial use, and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. Consult the specific municipality for permitted Zoning uses.