7 New Lake DrDrumsPA18222
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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 Drums at 7 New Lake Dr, Drums, PA, 18222 priced at $382,000 pairs $1,710/mo rent with after a $1,870/mo payment. Total monthly income equals $1,710/mo. Return on cash invested is 12.39% in year one, and rental yield stands at 5.37% on a $382,000 basis. Equity gained on principal adds $2,465/yr, and 5% annual appreciation accumulates to $105,540 by year five. Five-year ROI measures 63.01% and total cumulative return in cash reaches $79,793. For financing, Ziffy Mortgage’s DSCR program evaluates $1,710/mo property income against a $1,870/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18222, Drums, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,237 (100%) |
| Owner Occupied HU | 3,341 (78.9%) |
| Renter Occupied HU | 519 (12.2%) |
| Vacant Housing Units | 377 ( 8.9%) |
| Median Home Value | $276,287 |
| Average Home Value | $294,507 |
Housing Distribution
Address Breakdown
Residential
4,258
Single Family
4,165
Multi-Family
93
Businesses
165
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Listed by: N/A • N/A
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