2698 Old 220 RdHowardPA16841
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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
Investment property for sale in Howard at 2698 Old 220 Rd, Howard, PA, 16841 offers a 15.58% rental yield on a $149,000 purchase with $1,934/mo rent. Total monthly income registers $1,934/mo, and a $729/mo payment leaves $958/mo available for distribution. Annual cash flow reaches $11,495/yr on $49,394 to close, and return on cash invested stands at 43.18% in year one. Equity gained on principal adds $961/yr while 5% annual appreciation supports $41,166 over five years. Portfolio math shows five-year ROI at 228.11% and total cumulative return in cash at $112,672. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,934/mo property income against a $729/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1870
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16841, Howard, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,366 (100%) |
| Owner Occupied HU | 1,760 (74.4%) |
| Renter Occupied HU | 342 (14.5%) |
| Vacant Housing Units | 264 (11.2%) |
| Median Home Value | $307,295 |
| Average Home Value | $371,920 |
Housing Distribution
Address Breakdown
Residential
1,970
Single Family
1,970
Multi-Family
0
Businesses
80
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Listed by: Karla Musser • Keller Williams Advantage Realty
Mls Name: Bright MLS
Mls ID: #PACE2516378