106 Upper Powell StOld ForgePA18518
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Old Forge at 106 Upper Powell St, Old Forge, PA, 18518 generates $2,166/mo in rent and, after a $1,101/mo payment, leaves $692/mo in cash flow. Total monthly income is $2,166/mo, and annual cash flow is $8,304/yr on $74,554 invested. Return on cash invested sits at 31.05% in year one, and rental yield is 11.56% on a $224,900 entry. Equity gained on principal adds $1,451/yr, while 5% annual appreciation builds toward $62,136 over five years. Five-year ROI reaches 163.12% and total cumulative return in cash sums $121,609. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,166/mo property income rather than buyer’s personal income.
Multi Family
Built in N/A
6,650 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18518, Old Forge, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,227 (100%) |
| Owner Occupied HU | 2,570 (60.8%) |
| Renter Occupied HU | 1,253 (29.6%) |
| Vacant Housing Units | 404 ( 9.6%) |
| Median Home Value | $197,125 |
| Average Home Value | $245,108 |
Housing Distribution
Address Breakdown
Residential
4,012
Single Family
3,982
Multi-Family
30
Businesses
220
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jill Ann Lewis • Lewith & Freeman, Mountaintop
Mls Name: Luzerne County AOR
Mls ID: #25-1173
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.