703 Lakeside DrLewisburgPA17837
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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
Investment property for sale in Lewisburg at 703 Lakeside Dr, Lewisburg, PA, 17837 offers a 8.36% rental yield on a $310,000 purchase with $2,160/mo rent. Total monthly income registers $2,160/mo, and a $1,517/mo payment leaves $129/mo available for distribution. Annual cash flow reaches $1,547/yr on $102,765 to close, and return on cash invested stands at 21.41% in year one. Equity gained on principal adds $2,000/yr while 5% annual appreciation supports $85,647 over five years. Portfolio math shows five-year ROI at 111.4% and total cumulative return in cash at $114,475. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,160/mo property income against a $1,517/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1988
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17837, Lewisburg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,981 (100%) |
| Owner Occupied HU | 4,208 (60.3%) |
| Renter Occupied HU | 2,149 (30.8%) |
| Vacant Housing Units | 624 ( 8.9%) |
| Median Home Value | $292,647 |
| Average Home Value | $361,052 |
Housing Distribution
Address Breakdown
Residential
6,593
Single Family
6,022
Multi-Family
571
Businesses
774
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Listed by: MARK J O'BRIEN • COLDWELL BANKER PENN ONE REAL ESTATE
Mls Name: CSVBOR
Mls ID: #20-102266