829 Ashcroft AveCressonPA16630
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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 Cresson at 829 Ashcroft Ave, Cresson, PA, 16630 uses $116,025 cash to close to unlock $703/yr annual cash flow and $59/mo monthly cash flow. Total monthly income runs $2,352/mo, and a $1,713/mo payment keeps the spread at $59/mo. Purchase price stands at $350,000, and rental yield measures 8.06% with $2,352/mo rent. Return on cash invested shows 20.51% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 106.58% and total cumulative return in cash records $123,662. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,352/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 1971
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16630, Cresson, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,032 (100%) |
| Owner Occupied HU | 1,231 (60.6%) |
| Renter Occupied HU | 561 (27.6%) |
| Vacant Housing Units | 240 (11.8%) |
| Median Home Value | $213,393 |
| Average Home Value | $279,783 |
Housing Distribution
Address Breakdown
Residential
1,917
Single Family
1,813
Multi-Family
104
Businesses
186
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Listed by: Adam Conrad Team • Perry Wellington Realty, LLC
Mls Name: AHAR
Mls Provider:
Mls ID: #77445
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