1042 Salem BlvdBerwickPA18603
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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 Berwick at 1042 Salem Blvd, Berwick, PA, 18603 uses $71,239 cash to close to unlock $2,408/yr annual cash flow and $201/mo monthly cash flow. Total monthly income runs $1,609/mo, and a $1,052/mo payment keeps the spread at $201/mo. Purchase price stands at $214,900, and rental yield measures 8.98% with $1,609/mo rent. Return on cash invested shows 23.29% in year one, and 5% annual appreciation builds toward $59,373 over five years. Five-year ROI reaches 121.46% and total cumulative return in cash records $86,526. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,609/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18603, Berwick, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,094 (100%) |
| Owner Occupied HU | 5,694 (62.6%) |
| Renter Occupied HU | 2,355 (25.9%) |
| Vacant Housing Units | 1,045 (11.5%) |
| Median Home Value | $204,078 |
| Average Home Value | $230,733 |
Housing Distribution
Address Breakdown
Residential
8,310
Single Family
8,134
Multi-Family
176
Businesses
582
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Listed by: Donna Santoroski • Lewith & Freeman, Mountaintop
Mls Name: Luzerne County AOR
Mls ID: #25-2269
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