282 S Main StPleasant GapPA16823
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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 Pleasant Gap at 282 S Main St, Pleasant Gap, PA, 16823 priced at $268,000 pairs $2,179/mo rent with $423/mo cash flow after a $1,312/mo payment. Total monthly income equals $2,179/mo, and annual cash flow comes to $5,071/yr on $88,842 invested. Return on cash invested is 25.62% in year one, and rental yield stands at 9.76% on a $268,000 basis. Equity gained on principal adds $1,729/yr, and 5% annual appreciation accumulates to $74,043 by year five. Five-year ROI measures 133.93% and total cumulative return in cash reaches $118,989. For financing, Ziffy Mortgage’s DSCR program evaluates $2,179/mo property income against a $1,312/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1990
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16823, Bellefonte, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,426 (100%) |
| Owner Occupied HU | 7,790 (68.2%) |
| Renter Occupied HU | 2,963 (25.9%) |
| Vacant Housing Units | 673 ( 5.9%) |
| Median Home Value | $319,300 |
| Average Home Value | $356,785 |
Housing Distribution
Address Breakdown
Residential
10,996
Single Family
10,318
Multi-Family
678
Businesses
740
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Listed by: Erin Calandra Witmer • Kissinger, Bigatel & Brower
Mls Name: Bright MLS
Mls ID: #PACE2515926