214 Danielle DrPleasant GapPA16823
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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 Pleasant Gap at 214 Danielle Dr, Pleasant Gap, PA, 16823 priced at $245,000 converts $1,700/mo rent into $95/mo cash flow after a $1,199/mo obligation. Total monthly income equals $1,700/mo, and annual cash flow totals $1,137/yr on $81,218 invested. Return on cash invested prints 21.31% in year one, and rental yield reads 8.33% against a $245,000 entry. Equity gained on principal adds $1,581/yr, while 5% annual appreciation compiles into $67,689 by year five. Five-year ROI reaches 110.83% and total cumulative return in cash sums $90,012. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,700/mo property income covering a $1,199/mo payment, not borrower’s personal income.
Single Family
Built in 1988
10,019 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16823, Bellefonte, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,426 (100%) |
| Owner Occupied HU | 7,790 (68.2%) |
| Renter Occupied HU | 2,963 (25.9%) |
| Vacant Housing Units | 673 ( 5.9%) |
| Median Home Value | $319,300 |
| Average Home Value | $356,785 |
Housing Distribution
Address Breakdown
Residential
10,996
Single Family
10,318
Multi-Family
678
Businesses
740
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Listed by: Ryan S Lowe • RE/MAX Centre Realty
Mls Name: Bright MLS
Mls ID: #PACE2516004