188 Scenic DrBlakesleePA18610
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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 Blakeslee at 188 Scenic Dr, Blakeslee, PA, 18610 priced at $264,000 converts $1,899/mo rent into after a $1,292/mo obligation. Total monthly income equals $1,899/mo. Return on cash invested prints 16.71% in year one, and rental yield reads 8.63% against a $264,000 entry. Equity gained on principal adds $1,704/yr, while 5% annual appreciation compiles into $72,938 by year five. Five-year ROI reaches 88.15% and total cumulative return in cash sums $77,149. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,899/mo property income covering a $1,292/mo payment, not borrower’s personal income.
Single Family
Built in 1984
1.03 Acres lot
$N/A/sqft
$1,260 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18610, Blakeslee, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,266 (100%) |
| Owner Occupied HU | 1,374 (60.6%) |
| Renter Occupied HU | 225 ( 9.9%) |
| Vacant Housing Units | 667 (29.4%) |
| Median Home Value | $278,968 |
| Average Home Value | $316,434 |
Housing Distribution
Address Breakdown
Residential
1,626
Single Family
1,620
Multi-Family
6
Businesses
138
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Listed by: Russell Horn • Country Classic Real Estate
Mls Name: GLVR
Mls Provider:
Mls ID: #753912
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.