233 Columbus AveCressonPA16630
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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 233 Columbus Ave, Cresson, PA, 16630 priced at $215,000 converts $1,343/mo rent into after a $1,052/mo obligation. Total monthly income equals $1,343/mo. Return on cash invested prints 18.81% in year one, and rental yield reads 7.5% against a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation compiles into $59,401 by year five. Five-year ROI reaches 97.44% and total cumulative return in cash sums $69,445. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,343/mo property income covering a $1,052/mo payment, not borrower’s personal income.
Single Family
Built in 1960
6,969 sqft 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: Rachel Wagner • Rail City Realty, LLC
Mls Name: AHAR
Mls ID: #78965