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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Lake Harmony at 59 Red Oak Rd, Lake Harmony, PA, 18624 priced at $600,000 converts $2,644/mo rent into after a $2,937/mo obligation. Total monthly income equals $2,644/mo. Return on cash invested prints 12.23% in year one, and rental yield reads 5.29% against a $600,000 entry. Equity gained on principal adds $3,872/yr, while 5% annual appreciation compiles into $165,769 by year five. Five-year ROI reaches 62.1% and total cumulative return in cash sums $122,592. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,644/mo property income covering a $2,937/mo payment, not borrower’s personal income.
Single Family
Built in 1968
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 18624, Lake Harmony, PA area.
| 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 |
Residential
1
Single Family
1
Multi-Family
0
Businesses
33
Date | Event | Price |
|---|---|---|
| 2024-07-30 | Listed for sale | $600,000 |
| 2024-05-02 | Listing removed | N/A |
| 2024-04-03 | Listed for rent | $3,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $3986.75 | N/A | $61,600 | N/A |
| 2022-10-16 | $3986.75 | N/A | $61,600 | N/A |
| 2021-10-16 | $3986.75 | N/A | $61,600 | N/A |
Listed by: Theresa M. Panik • Acre and Estate
Mls Name: GLVR
Mls Provider:
Mls ID: #742490
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.
