109 Spruce StMountain TopPA18707
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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 Mountain Top at 109 Spruce St, Mountain Top, PA, 18707 priced at $389,000 converts $2,586/mo rent into $37/mo cash flow after a $1,904/mo obligation. Total monthly income equals $2,586/mo, and annual cash flow totals $443/yr on $128,954 invested. Return on cash invested prints 20.25% in year one, and rental yield reads 7.98% against a $389,000 entry. Equity gained on principal adds $2,510/yr, while 5% annual appreciation compiles into $107,474 by year five. Five-year ROI reaches 105.15% and total cumulative return in cash sums $135,594. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,586/mo property income covering a $1,904/mo payment, not borrower’s personal income.
Single Family
Built in 1991
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18707, Mountain Top, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,504 (100%) |
| Owner Occupied HU | 5,455 (83.9%) |
| Renter Occupied HU | 619 ( 9.5%) |
| Vacant Housing Units | 430 ( 6.6%) |
| Median Home Value | $320,054 |
| Average Home Value | $348,657 |
Housing Distribution
Address Breakdown
Residential
6,579
Single Family
6,527
Multi-Family
52
Businesses
410
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Listed by: Michelle Reilly • Century 21 Signature Properties
Mls Name: Luzerne County AOR
Mls ID: #25-1752
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.