720 Scott Rd SClarks SummitPA18411
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 Clarks Summit at 720 Scott Rd S, Clarks Summit, PA, 18411 priced at $405,000 converts $2,640/mo rent into after a $1,982/mo obligation. Total monthly income equals $2,640/mo. Return on cash invested prints 19.79% in year one, and rental yield reads 7.82% against a $405,000 entry. Equity gained on principal adds $2,613/yr, while 5% annual appreciation compiles into $111,894 by year five. Five-year ROI reaches 102.67% and total cumulative return in cash sums $137,846. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,640/mo property income covering a $1,982/mo payment, not borrower’s personal income.
Single Family
Built in 2024
0.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18411, Clarks Summit, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,595 (100%) |
| Owner Occupied HU | 7,117 (74.2%) |
| Renter Occupied HU | 1,817 (18.9%) |
| Vacant Housing Units | 661 ( 6.9%) |
| Median Home Value | $313,873 |
| Average Home Value | $364,861 |
Housing Distribution
Address Breakdown
Residential
9,456
Single Family
9,073
Multi-Family
383
Businesses
674
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lindsay E. Gress • ERA One Source Realty
Mls Name: GSBR
Mls ID: #SC254886