38 Prospect StHop BottomPA18824
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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 Hop Bottom at 38 Prospect St, Hop Bottom, PA, 18824 offers $1,578/mo rent that, after a $1,003/mo payment, leaves $235/mo cash flow. Total monthly income is $1,578/mo, and annual cash flow is $2,820/yr on $67,958 cash. Return on cash invested measures 24.06% in year one, and rental yield stands at 9.24% at a $205,000 entry. Equity gained on principal adds $1,323/yr while 5% annual appreciation compounds into $56,638 by year five. Five-year ROI records 125.65% and total cumulative return in cash reaches $85,386. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,578/mo property income versus a $1,003/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18824, Hop Bottom, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 684 (100%) |
| Owner Occupied HU | 447 (65.4%) |
| Renter Occupied HU | 101 (14.8%) |
| Vacant Housing Units | 136 (19.9%) |
| Median Home Value | $279,018 |
| Average Home Value | $324,183 |
Housing Distribution
Address Breakdown
Residential
541
Single Family
541
Multi-Family
0
Businesses
26
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Listed by: Michael S. Maxwell • Hibble Harris Real Estate, Inc
Mls Name: GSBR
Mls ID: #SC256272