523 Drives LnPenfieldPA15849
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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 Penfield at 523 Drives Ln, Penfield, PA, 15849 at $260,000 posts ROI 14.39% with from $1,308/mo rent. Total monthly income equals $1,308/mo. Return on cash invested measures 14.39% and rental yield reads 6.04% at the current $260,000. Equity gained on principal adds $1,678/yr, and 5% annual appreciation supports $71,833 by year five. Five-year ROI prints 73.74% and total cumulative return in cash totals $63,557. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,308/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 15849, Penfield, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 821 (100%) |
| Owner Occupied HU | 420 (51.2%) |
| Renter Occupied HU | 95 (11.6%) |
| Vacant Housing Units | 306 (37.3%) |
| Median Home Value | $146,429 |
| Average Home Value | $171,488 |
Housing Distribution
Address Breakdown
Residential
566
Single Family
489
Multi-Family
77
Businesses
43
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Listed by: Andrew Starr • Keller Williams Advantage Realty
Mls Name: Clearfield Jefferson AOR
Mls Provider:
Mls ID: #04-14169
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.