198 Spring Run RdSmethportPA16749
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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 Smethport at 198 Spring Run Rd, Smethport, PA, 16749 offers $780/mo rent that, after a $1,003/mo payment. Total monthly income is $780/mo. Return on cash invested measures 9.97% in year one, and rental yield stands at 4.57% at a $205,000 entry. Equity gained on principal adds $1,323/yr while 5% annual appreciation compounds into $56,638 by year five. Five-year ROI records 50.09% and total cumulative return in cash reaches $34,038. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $780/mo property income versus a $1,003/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1983
17.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16749, Smethport, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,146 (100%) |
| Owner Occupied HU | 1,410 (65.7%) |
| Renter Occupied HU | 316 (14.7%) |
| Vacant Housing Units | 420 (19.6%) |
| Median Home Value | $123,259 |
| Average Home Value | $202,574 |
Housing Distribution
Address Breakdown
Residential
1,686
Single Family
1,666
Multi-Family
20
Businesses
140
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Listed by: Megan Trimm • Trails End Realty
Mls Name: Northern Mountains of Pennsylvania MLS
Mls ID: #31722816