106-108 Lackawanna AveDuryeaPA18642
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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 Duryea at 106-108 Lackawanna Ave, Duryea, PA, 18642 generates $1,020/mo in rent, after a $1,101/mo payment. Total monthly income is $1,020/mo. Return on cash invested sits at 12.6% in year one, and rental yield is 5.44% on a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 64.14% and total cumulative return in cash sums $47,841. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,020/mo property income rather than buyer’s personal income.
Multi Family
Built in N/A
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18642, Duryea, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,180 (100%) |
| Owner Occupied HU | 1,453 (66.7%) |
| Renter Occupied HU | 536 (24.6%) |
| Vacant Housing Units | 191 ( 8.8%) |
| Median Home Value | $240,224 |
| Average Home Value | $247,491 |
Housing Distribution
Address Breakdown
Residential
2,014
Single Family
1,899
Multi-Family
115
Businesses
104
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Listed by: Jason Giomboni Team • eXp Realty- Scranton/Wilkes-Barre
Mls Name: Luzerne County AOR
Mls ID: #26-233