299 Reed RdSandy LakePA16145
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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 Sandy Lake at 299 Reed Rd, Sandy Lake, PA, 16145 offers a 9.29% rental yield on a $128,000 purchase with $991/mo rent. Total monthly income registers $991/mo, and a $627/mo payment leaves $153/mo available for distribution. Annual cash flow reaches $1,833/yr on $42,432 to close, and return on cash invested stands at 24.23% in year one. Equity gained on principal adds $826/yr while 5% annual appreciation supports $35,364 over five years. Portfolio math shows five-year ROI at 126.52% and total cumulative return in cash at $53,687. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $991/mo property income against a $627/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1971
0.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16145, Sandy Lake, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,195 (100%) |
| Owner Occupied HU | 892 (74.6%) |
| Renter Occupied HU | 157 (13.1%) |
| Vacant Housing Units | 146 (12.2%) |
| Median Home Value | $227,317 |
| Average Home Value | $269,106 |
Housing Distribution
Address Breakdown
Residential
1,047
Single Family
1,047
Multi-Family
0
Businesses
89
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Listed by: Heather McNamara • HOWARD HANNA REAL ESTATE SERVICES
Mls Name: WPMLS
Mls ID: #1712254