61 Rankin RdRimersburgPA16248
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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 Rimersburg at 61 Rankin Rd, Rimersburg, PA, 16248 priced at $575,000 converts $1,290/mo rent into after a $2,814/mo obligation. Total monthly income equals $1,290/mo. Return on cash invested prints 4.34% in year one, and rental yield reads 2.69% against a $575,000 entry. Equity gained on principal adds $3,710/yr, while 5% annual appreciation compiles into $158,862 by year five. Five-year ROI reaches 19.83% and total cumulative return in cash sums $37,511. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,290/mo property income covering a $2,814/mo payment, not borrower’s personal income.
Manufactured
Built in N/A
113 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16248, Rimersburg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,492 (100%) |
| Owner Occupied HU | 932 (62.5%) |
| Renter Occupied HU | 363 (24.3%) |
| Vacant Housing Units | 197 (13.2%) |
| Median Home Value | $144,886 |
| Average Home Value | $234,793 |
Housing Distribution
Address Breakdown
Residential
1,217
Single Family
1,217
Multi-Family
0
Businesses
61
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Listed by: Logan Dominick • Mossy Oak Properties Pennsylvania Land Professionals, LLC
Mls Name: My State MLS
Mls ID: #11416243