34 S Lake DrLake HarmonyPA18624
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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
Total monthly income runs $2,899/mo, and a $7,782/mo payment. Purchase price stands at $1,590,000, and rental yield measures 2.19% with $2,899/mo rent. Return on cash invested shows 2.85% in year one, and 5% annual appreciation builds toward $439,288 over five years. Five-year ROI reaches 11.77% and total cumulative return in cash records $60,656. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,899/mo property income covering a $7,782/mo payment rather than investor’s personal income.
Single Family
Built in 1927
8,624 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18624, Lake Harmony, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,924 (100%) |
| Owner Occupied HU | 288 (15.0%) |
| Renter Occupied HU | 57 ( 3.0%) |
| Vacant Housing Units | 1,579 (82.1%) |
| Median Home Value | $434,167 |
| Average Home Value | $627,656 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
33
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Listed by: Mick Seislove • BHHS Fox & Roach Macungie
Mls Name: GLVR
Mls ID: #757746