1016 Martarano DrOlyphantPA18447
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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 Olyphant at 1016 Martarano Dr, Olyphant, PA, 18447 listed at $350,000 pairs $2,657/mo rent with a $1,713/mo payment to leave $364/mo cash flow. Total monthly income runs $2,657/mo, and annual cash flow reaches $4,363/yr on $116,025 cash to close. Return on cash invested measures 23.67% in year one, and rental yield registers 9.11% at a $350,000 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,699 by year five. Five-year ROI tracks 123.49% and total cumulative return in cash totals $143,282. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,657/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1990
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18447, Olyphant, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,210 (100%) |
| Owner Occupied HU | 3,326 (63.8%) |
| Renter Occupied HU | 1,412 (27.1%) |
| Vacant Housing Units | 472 ( 9.1%) |
| Median Home Value | $229,085 |
| Average Home Value | $258,260 |
Housing Distribution
Address Breakdown
Residential
4,726
Single Family
4,585
Multi-Family
141
Businesses
368
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Listed by: Ronald Koruszko • ERA One Source Realty, Peckville
Mls Name: GSBR
Mls Provider:
Mls ID: #SC252726
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.