4993 Highway 706MontrosePA18801
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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 Montrose at 4993 Highway 706, Montrose, PA, 18801 uses $72,930 cash to close to unlock $698/yr annual cash flow and $58/mo monthly cash flow. Total monthly income runs $1,500/mo, and a $1,077/mo payment keeps the spread at $58/mo. Purchase price stands at $220,000, and rental yield measures 8.18% with $1,500/mo rent. Return on cash invested shows 20.87% in year one, and 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 108.5% and total cumulative return in cash records $79,127. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,500/mo property income covering a $1,077/mo payment rather than investor’s personal income.
Single Family
Built in 1900
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18801, Montrose, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,052 (100%) |
| Owner Occupied HU | 2,445 (60.3%) |
| Renter Occupied HU | 788 (19.4%) |
| Vacant Housing Units | 819 (20.2%) |
| Median Home Value | $270,020 |
| Average Home Value | $332,879 |
Housing Distribution
Address Breakdown
Residential
3,704
Single Family
3,621
Multi-Family
83
Businesses
341
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Listed by: Roger G. Sherwood • Real Broker, LLC
Mls Name: GSBR
Mls ID: #SC253944