6721 Old Plank RdBroad TopPA16621
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
Investment property for sale in Broad Top at 6721 Old Plank Rd, Broad Top, PA, 16621 uses $49,725 cash to close to unlock $2,367/yr annual cash flow and $197/mo monthly cash flow. Total monthly income runs $1,180/mo, and a $734/mo payment keeps the spread at $197/mo. Purchase price stands at $150,000, and rental yield measures 9.44% with $1,180/mo rent. Return on cash invested shows 24.67% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 128.9% and total cumulative return in cash records $64,098. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,180/mo property income covering a $734/mo payment rather than investor’s personal income.
Manufactured
Built in 1972
1.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16621, Broad Top, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 319 (100%) |
| Owner Occupied HU | 215 (67.4%) |
| Renter Occupied HU | 32 (10.0%) |
| Vacant Housing Units | 72 (22.6%) |
| Median Home Value | $209,783 |
| Average Home Value | $290,302 |
Housing Distribution
Address Breakdown
Residential
106
Single Family
106
Multi-Family
0
Businesses
15
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Wendell Hoover • Iron Valley Real Estate of Central PA
Mls Name: Bright MLS
Mls ID: #PAHU2023806