101 W Ridge St REAR WNanticokePA18634
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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 Nanticoke at 101 W Ridge St REAR W, Nanticoke, PA, 18634 priced at $150,000 pairs $1,468/mo rent with $485/mo cash flow after a $734/mo payment. Total monthly income equals $1,468/mo, and annual cash flow comes to $5,823/yr on $49,725 invested. Return on cash invested is 31.62% in year one, and rental yield stands at 11.74% on a $150,000 basis. Equity gained on principal adds $968/yr, and 5% annual appreciation accumulates to $41,442 by year five. Five-year ROI measures 166.21% and total cumulative return in cash reaches $82,650. For financing, Ziffy Mortgage’s DSCR program evaluates $1,468/mo property income against a $734/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
7,380 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18634, Nanticoke, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,194 (100%) |
| Owner Occupied HU | 3,727 (51.8%) |
| Renter Occupied HU | 2,420 (33.6%) |
| Vacant Housing Units | 1,047 (14.6%) |
| Median Home Value | $151,725 |
| Average Home Value | $173,417 |
Housing Distribution
Address Breakdown
Residential
6,400
Single Family
6,066
Multi-Family
334
Businesses
298
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Listed by: Charles Kasko • Classic Properties Kingston
Mls Name: Luzerne County AOR
Mls ID: #24-1929
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.