376 Lake AveMontrosePA18801
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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 Montrose at 376 Lake Ave, Montrose, PA, 18801 offers $1,529/mo rent that, after a $1,150/mo payment. Total monthly income is $1,529/mo. Return on cash invested measures 19.75% in year one, and rental yield stands at 7.81% at a $234,900 entry. Equity gained on principal adds $1,516/yr while 5% annual appreciation compounds into $64,899 by year five. Five-year ROI records 102.49% and total cumulative return in cash reaches $79,809. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,529/mo property income versus a $1,150/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18801, Montrose, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,052 (100%) |
| Owner Occupied HU | 2,445 (60.3%) |
| Renter Occupied HU | 788 (19.4%) |
| Vacant Housing Units | 819 (20.2%) |
| Median Home Value | $270,020 |
| Average Home Value | $332,879 |
Housing Distribution
Address Breakdown
Residential
3,704
Single Family
3,621
Multi-Family
83
Businesses
341
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Listed by: Alan and Angie Hall Team • Howard Hanna Real Estate
Mls Name: GSBR
Mls ID: #SC253562