9116 Findley Lake RdNorth EastPA16428
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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 North East at 9116 Findley Lake Rd, North East, PA, 16428 offers a 6.46% rental yield on a $645,000 purchase with $3,470/mo rent. 78% in year one. Equity gained on principal adds $4,162/yr while 5% annual appreciation supports $178,202 over five years. Portfolio math shows five-year ROI at 81.16% and total cumulative return in cash at $172,228. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,470/mo property income against a $3,157/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
8.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16428, North East, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,453 (100%) |
| Owner Occupied HU | 3,935 (72.2%) |
| Renter Occupied HU | 1,076 (19.7%) |
| Vacant Housing Units | 442 ( 8.1%) |
| Median Home Value | $230,046 |
| Average Home Value | $271,376 |
Housing Distribution
Address Breakdown
Residential
5,192
Single Family
4,864
Multi-Family
328
Businesses
355
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Listed by: Libby Remache • Howard Hanna Erie East
Mls Name: GEMLS
Mls ID: #179832
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.