216 Cortese RdBeach LakePA18405
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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 Beach Lake at 216 Cortese Rd, Beach Lake, PA, 18405 listed at $815,000 pairs $3,894/mo rent with a $3,989/mo payment. Total monthly income runs $3,894/mo. Return on cash invested measures 13.59% in year one, and rental yield registers 5.73% at a $815,000 basis. Equity gained on principal adds $5,259/yr, and annual property appreciation at 5% supports $225,169 by year five. Five-year ROI tracks 69.38% and total cumulative return in cash totals $186,037. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,894/mo property income relative to a $3,989/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1999
4.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18405, Beach Lake, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,315 (100%) |
| Owner Occupied HU | 831 (63.2%) |
| Renter Occupied HU | 142 (10.8%) |
| Vacant Housing Units | 342 (26.0%) |
| Median Home Value | $249,757 |
| Average Home Value | $292,208 |
Housing Distribution
Address Breakdown
Residential
1,094
Single Family
1,094
Multi-Family
0
Businesses
72
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Listed by: Barry Becker • Keller Williams Realty Hudson Valley United
Mls Name: PWAR
Mls Provider:
Mls ID: #PW251260
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.