108 N Mill StNanticokePA18634
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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 Nanticoke at 108 N Mill St, Nanticoke, PA, 18634 priced at $119,999 converts $947/mo rent into $161/mo cash flow after a $587/mo obligation. Total monthly income equals $947/mo, and annual cash flow totals $1,932/yr on $39,780 invested. Return on cash invested prints 24.77% in year one, and rental yield reads 9.47% against a $119,999 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,154 by year five. Five-year ROI reaches 129.34% and total cumulative return in cash sums $51,451. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $947/mo property income covering a $587/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18634, Nanticoke, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,194 (100%) |
| Owner Occupied HU | 3,727 (51.8%) |
| Renter Occupied HU | 2,420 (33.6%) |
| Vacant Housing Units | 1,047 (14.6%) |
| Median Home Value | $151,725 |
| Average Home Value | $173,417 |
Housing Distribution
Address Breakdown
Residential
6,400
Single Family
6,066
Multi-Family
334
Businesses
298
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Listed by: Donald Ide • Abstract Realty Group
Mls Name: Luzerne County AOR
Mls ID: #25-4369