1001 Chestnut DrNewfoundlandPA18445
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
Investment property for sale in Newfoundland at 1001 Chestnut Dr, Newfoundland, PA, 18445 at $225,000 posts ROI 23.61% with $230/mo cash flow from $1,837/mo rent. Total monthly income equals $1,837/mo, and annual cash flow records $2,759/yr on $74,588 to close. Return on cash invested measures 23.61% and rental yield reads 9.8% at the current $225,000. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 by year five. Five-year ROI prints 123.93% and total cumulative return in cash totals $92,433.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,837/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1996
0.38 Acres lot
$N/A/sqft
$1,595 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18445, Newfoundland, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,545 (100%) |
| Owner Occupied HU | 833 (53.9%) |
| Renter Occupied HU | 166 (10.7%) |
| Vacant Housing Units | 546 (35.3%) |
| Median Home Value | $311,635 |
| Average Home Value | $359,898 |
Housing Distribution
Address Breakdown
Residential
1,032
Single Family
1,032
Multi-Family
0
Businesses
69
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Nearby investment properties with comparable prices
Listed by: Halle Stevens • REALTY NETWORK GROUP
Mls Name: GSBR
Mls Provider:
Mls ID: #SC251264
Disclaimer: Information provided by the Greater Scranton Board of REALTORS MLS. Information is for consumers personal noncommercial use, and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. Consult the specific municipality for permitted Zoning uses.