9906 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
Rental property for sale in Cranesville at 9906 Bateman Ave, Cranesville, PA, 16410 generates $1,513/mo in rent and, after a $636/mo payment, leaves $661/mo in cash flow. Total monthly income is $1,513/mo, and annual cash flow is $7,937/yr on $43,095 invested. Return on cash invested sits at 38.33% in year one, and rental yield is 13.97% on a $130,000 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 202.14% and total cumulative return in cash sums $87,111. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,513/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
10,018 sqft 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: Chandler Mason • RE/MAX Lakeland Realty
Mls Name: GEMLS
Mls ID: #184306
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.