218 Spruce StCressonPA16630
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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 Cresson at 218 Spruce St, Cresson, PA, 16630 generates $1,163/mo in rent and, after a $661/mo payment, leaves $278/mo in cash flow. Total monthly income is $1,163/mo, and annual cash flow is $3,337/yr on $44,753 invested. Return on cash invested sits at 27.37% in year one, and rental yield is 10.34% on a $135,000 entry. Equity gained on principal adds $871/yr, while 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 143.43% and total cumulative return in cash sums $64,189. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,163/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16630, Cresson, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,032 (100%) |
| Owner Occupied HU | 1,231 (60.6%) |
| Renter Occupied HU | 561 (27.6%) |
| Vacant Housing Units | 240 (11.8%) |
| Median Home Value | $213,393 |
| Average Home Value | $279,783 |
Housing Distribution
Address Breakdown
Residential
1,917
Single Family
1,813
Multi-Family
104
Businesses
186
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Listed by: Lisa Hess • Lang Real Estate
Mls Name: AHAR
Mls ID: #78438