217 E Honeoye StShinglehousePA16748
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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 Shinglehouse at 217 E Honeoye St, Shinglehouse, PA, 16748 priced at $174,900 pairs $1,358/mo rent with $170/mo cash flow after a $856/mo payment. Total monthly income equals $1,358/mo, and annual cash flow comes to $2,045/yr on $57,979 invested. Return on cash invested is 23.44% in year one, and rental yield stands at 9.32% on a $174,900 basis. Equity gained on principal adds $1,129/yr, and 5% annual appreciation accumulates to $48,322 by year five. Five-year ROI measures 122.61% and total cumulative return in cash reaches $71,088. For financing, Ziffy Mortgage’s DSCR program evaluates $1,358/mo property income against a $856/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1968
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16748, Shinglehouse, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,628 (100%) |
| Owner Occupied HU | 968 (59.5%) |
| Renter Occupied HU | 228 (14.0%) |
| Vacant Housing Units | 432 (26.5%) |
| Median Home Value | $118,116 |
| Average Home Value | $217,009 |
Housing Distribution
Address Breakdown
Residential
857
Single Family
825
Multi-Family
32
Businesses
50
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Listed by: Jennifer Lowman • Four Seasons Real Estate Inc.
Mls Name: Northern Mountains of Pennsylvania MLS
Mls Provider:
Mls ID: #31723332
Disclaimer: Copyright North Central Penn Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.