60 Walnut StCressonaPA17929
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 Cressona at 60 Walnut St, Cressona, PA, 17929 priced at $169,000 converts $1,831/mo rent into $724/mo cash flow after a $827/mo obligation. Total monthly income equals $1,831/mo, and annual cash flow totals $8,685/yr on $56,024 invested. Return on cash invested prints 35.41% in year one, and rental yield reads 13% against a $169,000 entry. Equity gained on principal adds $1,091/yr, while 5% annual appreciation compiles into $46,692 by year five. Five-year ROI reaches 186.45% and total cumulative return in cash sums $104,455. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,831/mo property income covering a $827/mo payment, not borrower’s personal income.
Single Family
Built in 1900
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17929, Cressona, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 743 (100%) |
| Owner Occupied HU | 499 (67.2%) |
| Renter Occupied HU | 163 (21.9%) |
| Vacant Housing Units | 81 (10.9%) |
| Median Home Value | $174,219 |
| Average Home Value | $198,367 |
Housing Distribution
Address Breakdown
Residential
688
Single Family
654
Multi-Family
34
Businesses
52
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Listed by: Randy Beitler • HowardHanna TheFrederickGroup
Mls Name: GLVR
Mls ID: #762196