375 Schencks Grove RdHowardPA16841
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 Howard at 375 Schencks Grove Rd, Howard, PA, 16841 priced at $164,900 converts $1,516/mo rent into $436/mo cash flow after a $807/mo obligation. Total monthly income equals $1,516/mo, and annual cash flow totals $5,226/yr on $54,664 invested. Return on cash invested prints 29.47% in year one, and rental yield reads 11.03% against a $164,900 entry. Equity gained on principal adds $1,064/yr, while 5% annual appreciation compiles into $45,559 by year five. Five-year ROI reaches 154.64% and total cumulative return in cash sums $84,532. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,516/mo property income covering a $807/mo payment, not borrower’s personal income.
Single Family
Built in 1971
1.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16841, Howard, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,366 (100%) |
| Owner Occupied HU | 1,760 (74.4%) |
| Renter Occupied HU | 342 (14.5%) |
| Vacant Housing Units | 264 (11.2%) |
| Median Home Value | $307,295 |
| Average Home Value | $371,920 |
Housing Distribution
Address Breakdown
Residential
1,970
Single Family
1,970
Multi-Family
0
Businesses
80
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: JC Curtin • John Curtin III Real Estate
Mls Name: Bright MLS
Mls ID: #PACE2516744