699 Honey Creek RdReedsvillePA17084
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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 Reedsville at 699 Honey Creek Rd, Reedsville, PA, 17084 offers $2,204/mo rent that, after a $1,517/mo payment, leaves $173/mo cash flow. Total monthly income is $2,204/mo, and annual cash flow is $2,075/yr on $102,765 cash. Return on cash invested measures 21.93% in year one, and rental yield stands at 8.53% at a $310,000 entry. Equity gained on principal adds $2,000/yr while 5% annual appreciation compounds into $85,647 by year five. Five-year ROI records 114.14% and total cumulative return in cash reaches $117,295. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,204/mo property income versus a $1,517/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17084, Reedsville, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,841 (100%) |
| Owner Occupied HU | 1,424 (77.3%) |
| Renter Occupied HU | 290 (15.8%) |
| Vacant Housing Units | 127 ( 6.9%) |
| Median Home Value | $227,083 |
| Average Home Value | $253,936 |
Housing Distribution
Address Breakdown
Residential
1,599
Single Family
1,580
Multi-Family
19
Businesses
101
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Nearby investment properties with comparable prices
Listed by: George Arnold • Better Homes & Gardens Real Estate - GSA Realty
Mls Name: Bright MLS
Mls ID: #PAMF2052712