588 Prospect StMontrosePA18801
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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 588 Prospect St, Montrose, PA, 18801 with 5% annual appreciation on a $247,900 basis while $3,120/mo rent supports operations. Total monthly income totals $3,120/mo and a $1,213/mo payment preserves $1,496/mo for cash returns. Annual cash flow comes to $17,951/yr on $82,179 deployed, and return on cash invested reaches 41.75% in year one. Equity gained on principal adds $1,600/yr, and five-year appreciation sums $68,490 alongside rental yield of 15.1%. Five-year ROI measures 220.43% and total cumulative return in cash totals $181,151.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,120/mo property income versus a $1,213/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1950
0.75 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: Gregory Pollock • Lewith & Freeman Real Estate Hawley
Mls Name: PWAR
Mls Provider:
Mls ID: #201663
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.