306 Red Oak LnCressonPA16630
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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 Cresson at 306 Red Oak Ln, Cresson, PA, 16630 priced at $137,500 converts $1,117/mo rent into $216/mo cash flow after a $673/mo obligation. Total monthly income equals $1,117/mo, and annual cash flow totals $2,592/yr on $45,581 invested. Return on cash invested prints 25.6% in year one, and rental yield reads 9.75% against a $137,500 entry. Equity gained on principal adds $887/yr, while 5% annual appreciation compiles into $37,989 by year five. Five-year ROI reaches 133.8% and total cumulative return in cash sums $60,989. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,117/mo property income covering a $673/mo payment, not borrower’s personal income.
Single Family
Built in 1987
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16630, Cresson, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,032 (100%) |
| Owner Occupied HU | 1,231 (60.6%) |
| Renter Occupied HU | 561 (27.6%) |
| Vacant Housing Units | 240 (11.8%) |
| Median Home Value | $213,393 |
| Average Home Value | $279,783 |
Housing Distribution
Address Breakdown
Residential
1,917
Single Family
1,813
Multi-Family
104
Businesses
186
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Listed by: Lisa Hess • Lang Real Estate
Mls Name: AHAR
Mls ID: #77275