39190 Route 6Bear LakePA16402
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 39190 Route 6, Bear Lake, PA, 16402 in Bear Lake earns a 9.47% gross yield at $190,000. Rent of $1,499/mo nets $254/mo after the $854/mo mortgage. The 1.76 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $52,494 and $1,750/yr in equity accumulation project a total cumulative return of $88,707.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 6.2% |
| Monthly Cash Flow | $254 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,499 |
| Total Monthly Debt Service | $1,169 |
| DSCR Ratio | 1.28x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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.