2303 Lake StLake CityPA16423
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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 Lake City at 2303 Lake St, Lake City, PA, 16423 priced at $298,500 pairs $2,309/mo rent with $353/mo cash flow after a $1,461/mo payment. Total monthly income equals $2,309/mo, and annual cash flow comes to $4,236/yr on $98,953 invested. Return on cash invested is 24.19% in year one, and rental yield stands at 9.28% on a $298,500 basis. Equity gained on principal adds $1,926/yr, and 5% annual appreciation accumulates to $82,470 by year five. Five-year ROI measures 126.26% and total cumulative return in cash reaches $124,941. For financing, Ziffy Mortgage’s DSCR program evaluates $2,309/mo property income against a $1,461/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
0.41 Acres lot
$N/A/sqft
No HOA
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Listed by: Joanne Harris • Howard Hanna Erie Southwest
Mls Name: GEMLS
Mls ID: #187945
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