218 Park DrReedsvillePA17084
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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 Reedsville at 218 Park Dr, Reedsville, PA, 17084 generates $2,453/mo in rent and, after a $1,762/mo payment, leaves $94/mo in cash flow. Total monthly income is $2,453/mo, and annual cash flow is $1,130/yr on $119,307 invested. Return on cash invested sits at 20.86% in year one, and rental yield is 8.18% on a $359,900 entry. Equity gained on principal adds $2,322/yr, while 5% annual appreciation builds toward $99,434 over five years. Five-year ROI reaches 108.44% and total cumulative return in cash sums $129,374. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,453/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17084, Reedsville, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,841 (100%) |
| Owner Occupied HU | 1,424 (77.3%) |
| Renter Occupied HU | 290 (15.8%) |
| Vacant Housing Units | 127 ( 6.9%) |
| Median Home Value | $227,083 |
| Average Home Value | $253,936 |
Housing Distribution
Address Breakdown
Residential
1,599
Single Family
1,580
Multi-Family
19
Businesses
101
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Listed by: Richard A Smeltz • Smeltz and Aumiller Real Estate, LLC.
Mls Name: Bright MLS
Mls ID: #PAMF2052740