2268 Spruce RdCherry TreePA15724
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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 Cherry Tree at 2268 Spruce Rd, Cherry Tree, PA, 15724 generates $1,025/mo in rent and, after a $697/mo payment, leaves $92/mo in cash flow. Total monthly income is $1,025/mo, and annual cash flow is $1,100/yr on $47,239 invested. Return on cash invested sits at 22.24% in year one, and rental yield is 8.63% on a $142,500 entry. Equity gained on principal adds $920/yr, while 5% annual appreciation builds toward $39,370 over five years. Five-year ROI reaches 115.82% and total cumulative return in cash sums $54,711. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,025/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15724, Cherry Tree, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,077 (100%) |
| Owner Occupied HU | 798 (74.1%) |
| Renter Occupied HU | 124 (11.5%) |
| Vacant Housing Units | 155 (14.4%) |
| Median Home Value | $154,012 |
| Average Home Value | $219,969 |
Housing Distribution
Address Breakdown
Residential
800
Single Family
800
Multi-Family
0
Businesses
30
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Listed by: Elizabeth Hutton • EXP REALTY LLC
Mls Name: WPMLS
Mls Provider:
Mls ID: #1702001
Disclaimer: Listing 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.