642 Morris RdSugar RunPA18846
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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 Sugar Run at 642 Morris Rd, Sugar Run, PA, 18846 priced at $599,900 converts $1,644/mo rent into after a $2,936/mo obligation. Total monthly income equals $1,644/mo. Return on cash invested prints 6.16% in year one, and rental yield reads 3.29% against a $599,900 entry. Equity gained on principal adds $3,871/yr, while 5% annual appreciation compiles into $165,741 by year five. Five-year ROI reaches 29.56% and total cumulative return in cash sums $58,348. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,644/mo property income covering a $2,936/mo payment, not borrower’s personal income.
Single Family
Built in 1999
11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18846, Sugar Run, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 450 (100%) |
| Owner Occupied HU | 275 (61.1%) |
| Renter Occupied HU | 46 (10.2%) |
| Vacant Housing Units | 129 (28.7%) |
| Median Home Value | $295,000 |
| Average Home Value | $316,664 |
Housing Distribution
Address Breakdown
Residential
325
Single Family
325
Multi-Family
0
Businesses
6
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Listed by: Tina Richlin • Fish Real Estate
Mls Name: West Branch Valley AOR
Mls ID: #WB-102298
Disclaimer: Copyright West Branch Valley Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.