55 Lake Shore DrEquinunkPA18417
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Equinunk at 55 Lake Shore Dr, Equinunk, PA, 18417 offers $1,655/mo rent that, after a $930/mo payment, leaves $410/mo cash flow. Total monthly income is $1,655/mo, and annual cash flow is $4,919/yr on $62,985 cash. Return on cash invested measures 27.72% in year one, and rental yield stands at 10.45% at a $189,999 entry. Equity gained on principal adds $1,226/yr while 5% annual appreciation compounds into $52,493 by year five. Five-year ROI records 145.2% and total cumulative return in cash reaches $91,452. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,655/mo property income versus a $930/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18417, Equinunk, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 994 (100%) |
| Owner Occupied HU | 402 (40.4%) |
| Renter Occupied HU | 52 ( 5.2%) |
| Vacant Housing Units | 540 (54.3%) |
| Median Home Value | $330,693 |
| Average Home Value | $392,668 |
Housing Distribution
Address Breakdown
Residential
561
Single Family
561
Multi-Family
0
Businesses
33
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Listed by: John Michael Crotti • RE/MAX Home Team
Mls Name: GSBR
Mls ID: #SC255217