2476 Rice AveLake 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
Investment property for sale in Lake City at 2476 Rice Ave, Lake City, PA, 16423 earns $287/mo cash flow from $1,466/mo rent with a $881/mo payment. Total monthly income totals $1,466/mo, and annual cash flow totals $3,438/yr on $59,670 capital. ROI tracks 25.67% on current figures, and rental yield reads 9.77% at a $180,000 purchase. Equity gained on principal adds $1,162/yr, and 5% annual appreciation supports $49,731 over five years. Five-year ROI reaches 134.23% and total cumulative return in cash sums $80,093. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,466/mo property income instead of your personal income.
Single Family
Built in 1950
0.62 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Anne Franos • RE/MAX Real Estate Group Erie
Mls Name: GEMLS
Mls ID: #185801
Disclaimer: IDX 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.