691 Elk Lick RdAustinPA16720
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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
Total monthly income runs $1,477/mo, and a $4,146/mo payment. Purchase price stands at $847,000, and rental yield measures 2.09% with $1,477/mo rent. Return on cash invested shows 2.52% in year one, and 5% annual appreciation builds toward $234,010 over five years. Five-year ROI reaches 10.04% and total cumulative return in cash records $27,976. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,477/mo property income covering a $4,146/mo payment rather than investor’s personal income.
Single Family
Built in 1999
81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16720, Austin, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,892 (100%) |
| Owner Occupied HU | 411 (21.7%) |
| Renter Occupied HU | 81 ( 4.3%) |
| Vacant Housing Units | 1,400 (74.0%) |
| Median Home Value | $159,766 |
| Average Home Value | $246,046 |
Housing Distribution
Address Breakdown
Residential
456
Single Family
456
Multi-Family
0
Businesses
33
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Listed by: Victoria Murphy • Mountain Valley Realty, Inc.
Mls Name: Northern Mountains of Pennsylvania MLS
Mls Provider:
Mls ID: #31720051
Disclaimer: Copyright North Central Penn Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.