338 Bishop RdKarns CityPA16041
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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 Karns City at 338 Bishop Rd, Karns City, PA, 16041 offers a 8.01% rental yield on a $185,000 purchase with $1,235/mo rent. Total monthly income registers $1,235/mo, and a $905/mo payment leaves $23/mo available for distribution. Annual cash flow reaches $279/yr on $61,328 to close, and return on cash invested stands at 20.36% in year one. Equity gained on principal adds $1,194/yr while 5% annual appreciation supports $51,112 over five years. Portfolio math shows five-year ROI at 105.8% and total cumulative return in cash at $64,887. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,235/mo property income against a $905/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16041, Karns City, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,037 (100%) |
| Owner Occupied HU | 748 (72.1%) |
| Renter Occupied HU | 128 (12.3%) |
| Vacant Housing Units | 161 (15.5%) |
| Median Home Value | $252,740 |
| Average Home Value | $296,237 |
Housing Distribution
Address Breakdown
Residential
768
Single Family
768
Multi-Family
0
Businesses
25
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Listed by: Tara Smith • LPT REALTY, LLC.
Mls Name: WPMLS
Mls Provider:
Mls ID: #1666105
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.