58 Wood StLake HarmonyPA18624
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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 Lake Harmony at 58 Wood St, Lake Harmony, PA, 18624 generates $5,972/mo in rent, after a $6,828/mo payment. Total monthly income is $5,972/mo. Return on cash invested sits at 11.73% in year one, and rental yield is 5.14% on a $1,395,000 entry. Equity gained on principal adds $9,002/yr, while 5% annual appreciation builds toward $385,413 over five years. Five-year ROI reaches 59.48% and total cumulative return in cash sums $268,822. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,972/mo property income rather than buyer’s personal income.
Single Family
Built in 2017
0.48 Acres lot
$N/A/sqft
$1,000 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18624, Lake Harmony, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,924 (100%) |
| Owner Occupied HU | 288 (15.0%) |
| Renter Occupied HU | 57 ( 3.0%) |
| Vacant Housing Units | 1,579 (82.1%) |
| Median Home Value | $434,167 |
| Average Home Value | $627,656 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
33
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Listed by: Jacob McLaughlin • exp Realty, LLC - Philadelphia
Mls Name: PMAR
Mls ID: #PM-134394