24 Avalon RdClarks SummitPA18411
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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 Clarks Summit at 24 Avalon Rd, Clarks Summit, PA, 18411 priced at $499,000 converts $2,034/mo rent into after a $2,442/mo obligation. Total monthly income equals $2,034/mo. Return on cash invested prints 10.95% in year one, and rental yield reads 4.89% against a $499,000 entry. Equity gained on principal adds $3,220/yr, while 5% annual appreciation compiles into $137,865 by year five. Five-year ROI reaches 55.26% and total cumulative return in cash sums $91,410. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,034/mo property income covering a $2,442/mo payment, not borrower’s personal income.
Townhouse
Built in 2021
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18411, Clarks Summit, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,595 (100%) |
| Owner Occupied HU | 7,117 (74.2%) |
| Renter Occupied HU | 1,817 (18.9%) |
| Vacant Housing Units | 661 ( 6.9%) |
| Median Home Value | $313,873 |
| Average Home Value | $364,861 |
Housing Distribution
Address Breakdown
Residential
9,456
Single Family
9,073
Multi-Family
383
Businesses
674
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Listed by: Leah Gianacopoulos • ERA One Source Realty
Mls Name: GSBR
Mls ID: #SC254643