6243 E Lake RdJamestownPA16134
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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 Jamestown at 6243 E Lake Rd, Jamestown, PA, 16134 uses $79,229 cash to close to unlock $12,476/yr annual cash flow and $1,040/mo monthly cash flow. Total monthly income runs $2,606/mo, and a $1,170/mo payment keeps the spread at $1,040/mo. Purchase price stands at $239,000, and rental yield measures 13.08% with $2,606/mo rent. Return on cash invested shows 35.66% in year one, and 5% annual appreciation builds toward $66,031 over five years. Five-year ROI reaches 187.77% and total cumulative return in cash records $148,764. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,606/mo property income covering a $1,170/mo payment rather than investor’s personal income.
Single Family
Built in N/A
3.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16134, Jamestown, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,623 (100%) |
| Owner Occupied HU | 1,330 (50.7%) |
| Renter Occupied HU | 245 ( 9.3%) |
| Vacant Housing Units | 1,048 (40.0%) |
| Median Home Value | $182,692 |
| Average Home Value | $266,555 |
Housing Distribution
Address Breakdown
Residential
1,724
Single Family
1,724
Multi-Family
0
Businesses
75
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Listed by: Benjamin Pouliot • RE/MAX Lakeland Realty
Mls Name: GEMLS
Mls ID: #179724
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.