9834 Bateman AveCranesvillePA16410
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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 Cranesville at 9834 Bateman Ave, Cranesville, PA, 16410 uses $62,952 cash to close to unlock $1,465/yr annual cash flow and $122/mo monthly cash flow. Total monthly income runs $1,366/mo, and a $929/mo payment keeps the spread at $122/mo. Purchase price stands at $189,900, and rental yield measures 8.63% with $1,366/mo rent. Return on cash invested shows 22.24% in year one, and 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 115.89% and total cumulative return in cash records $72,953. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,366/mo property income covering a $929/mo payment rather than investor’s personal income.
Single Family
Built in 1900
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 16410, Cranesville, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 676 (100%) |
| Owner Occupied HU | 548 (81.1%) |
| Renter Occupied HU | 78 (11.5%) |
| Vacant Housing Units | 50 ( 7.4%) |
| Median Home Value | $281,579 |
| Average Home Value | $327,436 |
Housing Distribution
Address Breakdown
Residential
634
Single Family
634
Multi-Family
0
Businesses
21
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Listed by: Daniel Maher • Coldwell Banker Select - Airport
Mls Name: GEMLS
Mls ID: #188147