306 Highland AveClarks SummitPA18411
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 Clarks Summit at 306 Highland Ave, Clarks Summit, PA, 18411 priced at $337,000 pairs $2,452/mo rent with $244/mo cash flow after a $1,649/mo payment. Total monthly income equals $2,452/mo, and annual cash flow comes to $2,930/yr on $111,716 invested. Return on cash invested is 22.53% in year one, and rental yield stands at 8.73% on a $337,000 basis. Equity gained on principal adds $2,175/yr, and 5% annual appreciation accumulates to $93,107 by year five. Five-year ROI measures 117.43% and total cumulative return in cash reaches $131,184. For financing, Ziffy Mortgage’s DSCR program evaluates $2,452/mo property income against a $1,649/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1930
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18411, Clarks Summit, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,595 (100%) |
| Owner Occupied HU | 7,117 (74.2%) |
| Renter Occupied HU | 1,817 (18.9%) |
| Vacant Housing Units | 661 ( 6.9%) |
| Median Home Value | $313,873 |
| Average Home Value | $364,861 |
Housing Distribution
Address Breakdown
Residential
9,456
Single Family
9,073
Multi-Family
383
Businesses
674
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A