47 Summit CirLakevillePA18438
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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
Rental property for sale in Lakeville at 47 Summit Cir, Lakeville, PA, 18438 generates $3,727/mo in rent, after a $6,240/mo payment. Total monthly income is $3,727/mo. Return on cash invested sits at 6.93% in year one, and rental yield is 3.51% on a $1,275,000 entry. Equity gained on principal adds $8,227/yr, while 5% annual appreciation builds toward $352,259 over five years. Five-year ROI reaches 33.62% and total cumulative return in cash sums $138,878. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,727/mo property income rather than buyer’s personal income.
Single Family
Built in 1966
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18438, Lakeville, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,665 (100%) |
| Owner Occupied HU | 530 (31.8%) |
| Renter Occupied HU | 84 ( 5.0%) |
| Vacant Housing Units | 1,051 (63.1%) |
| Median Home Value | $358,955 |
| Average Home Value | $467,962 |
Housing Distribution
Address Breakdown
Residential
917
Single Family
917
Multi-Family
0
Businesses
36
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Listed by: Terri Diamond • New and Modern Group
Mls Name: PWAR
Mls ID: #PW260119