1039 Russell StAvocaPA18641
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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 Avoca at 1039 Russell St, Avoca, PA, 18641 listed at $189,900 pairs $2,002/mo rent with a $929/mo payment to leave $758/mo cash flow. Total monthly income runs $2,002/mo, and annual cash flow reaches $9,097/yr on $62,952 cash to close. Return on cash invested measures 34.36% in year one, and rental yield registers 12.65% at a $189,900 basis. Equity gained on principal adds $1,225/yr, and annual property appreciation at 5% supports $52,466 by year five. Five-year ROI tracks 180.89% and total cumulative return in cash totals $113,873. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,002/mo property income relative to a $929/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
3,072 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18641, Pittston, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,201 (100%) |
| Owner Occupied HU | 2,142 (66.9%) |
| Renter Occupied HU | 692 (21.6%) |
| Vacant Housing Units | 367 (11.5%) |
| Median Home Value | $195,382 |
| Average Home Value | $213,912 |
Housing Distribution
Address Breakdown
Residential
3,121
Single Family
3,067
Multi-Family
54
Businesses
174
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Listed by: Corine Sworen • Lewith & Freeman, Mountaintop
Mls Name: Luzerne County AOR
Mls ID: #24-5574
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