38 Ikey LnTowandaPA18848
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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
Investment property for sale in Towanda at 38 Ikey Ln, Towanda, PA, 18848 with 5% annual appreciation on a $147,500 basis while $1,181/mo rent supports operations. Total monthly income totals $1,181/mo and a $722/mo payment preserves $214/mo for cash returns. Annual cash flow comes to $2,573/yr on $48,896 deployed, and return on cash invested reaches 25.17% in year one. Equity gained on principal adds $952/yr, and five-year appreciation sums $40,752 alongside rental yield of 9.61%. Five-year ROI measures 131.57% and total cumulative return in cash totals $64,333.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,181/mo property income versus a $722/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1976
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18848, Towanda, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,355 (100%) |
| Owner Occupied HU | 2,544 (58.4%) |
| Renter Occupied HU | 1,141 (26.2%) |
| Vacant Housing Units | 670 (15.4%) |
| Median Home Value | $203,239 |
| Average Home Value | $234,457 |
Housing Distribution
Address Breakdown
Residential
3,914
Single Family
3,655
Multi-Family
259
Businesses
361
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Listed by: Shannon Clark • Century 21 Jackson Real Estate - Towanda
Mls Name: Northern Mountains of Pennsylvania MLS
Mls Provider:
Mls ID: #31721991
Disclaimer: Copyright North Central Penn Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.