206 Snow Bird CirDrumsPA18222
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
Investment property for sale in Drums at 206 Snow Bird Cir, Drums, PA, 18222 uses $101,108 cash to close to unlock $4,419/yr annual cash flow and $368/mo monthly cash flow. Total monthly income runs $2,367/mo, and a $1,493/mo payment keeps the spread at $368/mo. Purchase price stands at $305,000, and rental yield measures 9.31% with $2,367/mo rent. Return on cash invested shows 24.28% in year one, and 5% annual appreciation builds toward $84,266 over five years. Five-year ROI reaches 126.79% and total cumulative return in cash records $128,194. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,367/mo property income covering a $1,493/mo payment rather than investor’s personal income.
Single Family
Built in 1997
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18222, Drums, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,237 (100%) |
| Owner Occupied HU | 3,341 (78.9%) |
| Renter Occupied HU | 519 (12.2%) |
| Vacant Housing Units | 377 ( 8.9%) |
| Median Home Value | $276,287 |
| Average Home Value | $294,507 |
Housing Distribution
Address Breakdown
Residential
4,258
Single Family
4,165
Multi-Family
93
Businesses
165
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Maria B. Ortiz-Vinueza • IronValley RE of Lehigh Valley
Mls Name: GLVR
Mls ID: #770136