429 Park AveCressonPA16630
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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 Cresson at 429 Park Ave, Cresson, PA, 16630 offers a 11.8% rental yield on a $160,000 purchase with $1,573/mo rent. Total monthly income registers $1,573/mo, and a $783/mo payment leaves $525/mo available for distribution. Annual cash flow reaches $6,296/yr on $53,040 to close, and return on cash invested stands at 31.78% in year one. Equity gained on principal adds $1,032/yr while 5% annual appreciation supports $44,205 over five years. Portfolio math shows five-year ROI at 166.99% and total cumulative return in cash at $88,574. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,573/mo property income against a $783/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1928
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16630, Cresson, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,032 (100%) |
| Owner Occupied HU | 1,231 (60.6%) |
| Renter Occupied HU | 561 (27.6%) |
| Vacant Housing Units | 240 (11.8%) |
| Median Home Value | $213,393 |
| Average Home Value | $279,783 |
Housing Distribution
Address Breakdown
Residential
1,917
Single Family
1,813
Multi-Family
104
Businesses
186
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Listed by: Lisa Hess • Lang Real Estate
Mls Name: AHAR
Mls ID: #79061