39190 Route 6Bear LakePA16402
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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
Investment property for sale in Bear Lake at 39190 Route 6, Bear Lake, PA, 16402 earns $254/mo cash flow from $1,499/mo rent with a $930/mo payment. Total monthly income totals $1,499/mo, and annual cash flow totals $3,047/yr on $62,985 capital. ROI tracks 24.75% on current figures, and rental yield reads 9.47% at a $190,000 purchase. Equity gained on principal adds $1,226/yr, and 5% annual appreciation supports $52,494 over five years. Five-year ROI reaches 129.25% and total cumulative return in cash sums $81,408. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,499/mo property income instead of your personal income.
Single Family
Built in 1963
2.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16402, Bear Lake, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 322 (100%) |
| Owner Occupied HU | 257 (79.8%) |
| Renter Occupied HU | 33 (10.2%) |
| Vacant Housing Units | 32 ( 9.9%) |
| Median Home Value | $143,125 |
| Average Home Value | $199,348 |
Housing Distribution
Address Breakdown
Residential
308
Single Family
308
Multi-Family
0
Businesses
11
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Listed by: Melissa Martin • Howard Hanna Erie East
Mls Name: GEMLS
Mls ID: #184429
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.