1853 Walnut St UNIT 2Lake CityPA16423
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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 Lake City at 1853 Walnut St UNIT 2, Lake City, PA, 16423 uses $49,394 cash to close to unlock $11,063/yr annual cash flow and $922/mo monthly cash flow. Total monthly income runs $1,898/mo, and a $729/mo payment keeps the spread at $922/mo. Purchase price stands at $149,000, and rental yield measures 15.29% with $1,898/mo rent. Return on cash invested shows 42.31% in year one, and 5% annual appreciation builds toward $41,166 over five years. Five-year ROI reaches 223.4% and total cumulative return in cash records $110,344. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,898/mo property income covering a $729/mo payment rather than investor’s personal income.
Multi Family
Built in 1940
8,089 sqft lot
$N/A/sqft
No HOA
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Listed by: Jen Mitchell • Agresti Real Estate
Mls Name: GEMLS
Mls ID: #174359
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