108 Spruce StGreentownPA18426
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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 Greentown at 108 Spruce St, Greentown, PA, 18426 offers $2,370/mo rent that, after a $876/mo payment, leaves $1,034/mo cash flow. Total monthly income is $2,370/mo, and annual cash flow is $12,410/yr on $59,339 cash. Return on cash invested measures 40.82% in year one, and rental yield stands at 15.89% at a $179,000 entry. Equity gained on principal adds $1,155/yr while 5% annual appreciation compounds into $49,454 by year five. Five-year ROI records 216.75% and total cumulative return in cash reaches $128,619. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,370/mo property income versus a $876/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1988
5,662 sqft lot
$N/A/sqft
$163 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18426, Greentown, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,784 (100%) |
| Owner Occupied HU | 1,676 (35.0%) |
| Renter Occupied HU | 249 ( 5.2%) |
| Vacant Housing Units | 2,859 (59.8%) |
| Median Home Value | $292,407 |
| Average Home Value | $367,044 |
Housing Distribution
Address Breakdown
Residential
2,550
Single Family
2,550
Multi-Family
0
Businesses
133
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Listed by: James V. Hoot • RE/MAX of Lake Wallenpaupack - Greentown
Mls Name: PWAR
Mls Provider:
Mls ID: #PW243243
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.