342 Lake Russell RdNewfoundlandPA18445
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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 Newfoundland at 342 Lake Russell Rd, Newfoundland, PA, 18445 offers $2,102/mo rent that, after a $1,468/mo payment, leaves $137/mo cash flow. Total monthly income is $2,102/mo, and annual cash flow is $1,640/yr on $99,417 cash. Return on cash invested measures 21.56% in year one, and rental yield stands at 8.41% at a $299,900 entry. Equity gained on principal adds $1,935/yr while 5% annual appreciation compounds into $82,857 by year five. Five-year ROI records 112.19% and total cumulative return in cash reaches $111,532. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,102/mo property income versus a $1,468/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1991
1.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18445, Newfoundland, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,545 (100%) |
| Owner Occupied HU | 833 (53.9%) |
| Renter Occupied HU | 166 (10.7%) |
| Vacant Housing Units | 546 (35.3%) |
| Median Home Value | $311,635 |
| Average Home Value | $359,898 |
Housing Distribution
Address Breakdown
Residential
1,032
Single Family
1,032
Multi-Family
0
Businesses
69
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Listed by: Debra K. Gunnip • Davis R. Chant - Lake Wallenpaupack
Mls Name: PWAR
Mls ID: #PW253446