720 Mountain RdPine GrovePA17963
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
Rental property for sale in Pine Grove at 720 Mountain Rd, Pine Grove, PA, 17963 priced at $104,900 converts $840/mo rent into $153/mo cash flow after a $513/mo obligation. Total monthly income equals $840/mo, and annual cash flow totals $1,836/yr on $34,774 invested. Return on cash invested prints 25.19% in year one, and rental yield reads 9.61% against a $104,900 entry. Equity gained on principal adds $677/yr, while 5% annual appreciation compiles into $28,982 by year five. Five-year ROI reaches 131.77% and total cumulative return in cash sums $45,822. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $840/mo property income covering a $513/mo payment, not borrower’s personal income.
Manufactured
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17963, Pine Grove, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,125 (100%) |
| Owner Occupied HU | 3,073 (74.5%) |
| Renter Occupied HU | 683 (16.6%) |
| Vacant Housing Units | 369 ( 8.9%) |
| Median Home Value | $257,973 |
| Average Home Value | $294,141 |
Housing Distribution
Address Breakdown
Residential
3,966
Single Family
3,890
Multi-Family
76
Businesses
223
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Nearby investment properties with comparable prices
Listed by: Amanda Showers • Iron Valley Real Estate
Mls Name: Bright MLS
Mls ID: #PASK2024456