491 Lake Side RdAddisonPA15411
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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 Addison at 491 Lake Side Rd, Addison, PA, 15411 offers $1,566/mo rent that, after a $1,909/mo payment. Total monthly income is $1,566/mo. Return on cash invested measures 10.72% in year one, and rental yield stands at 4.82% at a $390,000 entry. Equity gained on principal adds $2,517/yr while 5% annual appreciation compounds into $107,750 by year five. Five-year ROI records 54.08% and total cumulative return in cash reaches $69,920. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,566/mo property income versus a $1,909/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
9,975 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15411, Addison, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 613 (100%) |
| Owner Occupied HU | 241 (39.3%) |
| Renter Occupied HU | 35 ( 5.7%) |
| Vacant Housing Units | 337 (55.0%) |
| Median Home Value | $245,833 |
| Average Home Value | $302,178 |
Housing Distribution
Address Breakdown
Residential
318
Single Family
318
Multi-Family
0
Businesses
21
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Listed by: Matthew Mendelson • COLDWELL BANKER REALTY
Mls Name: WPMLS
Mls Provider:
Mls ID: #1693093
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.