268 N Lake RdMontrosePA18801
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Montrose at 268 N Lake Rd, Montrose, PA, 18801 offers $2,405/mo rent that, after a $2,325/mo payment. Total monthly income is $2,405/mo. Return on cash invested measures 14.52% in year one, and rental yield stands at 6.08% at a $475,000 entry. Equity gained on principal adds $3,065/yr while 5% annual appreciation compounds into $131,234 by year five. Five-year ROI records 74.41% and total cumulative return in cash reaches $117,163. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,405/mo property income versus a $2,325/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18801, Montrose, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,052 (100%) |
| Owner Occupied HU | 2,445 (60.3%) |
| Renter Occupied HU | 788 (19.4%) |
| Vacant Housing Units | 819 (20.2%) |
| Median Home Value | $270,020 |
| Average Home Value | $332,879 |
Housing Distribution
Address Breakdown
Residential
3,704
Single Family
3,621
Multi-Family
83
Businesses
341
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Larry J Butts • HOWARD HANNA
Mls Name: GBMLS
Mls Provider:
Mls ID: #330504
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.