113 Franklin StLaceyvillePA18623
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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
Investment property for sale in Laceyville at 113 Franklin St, Laceyville, PA, 18623 uses $71,273 cash to close to unlock $7,578/yr annual cash flow and $631/mo monthly cash flow. Total monthly income runs $2,040/mo, and a $1,052/mo payment keeps the spread at $631/mo. Purchase price stands at $215,000, and rental yield measures 11.39% with $2,040/mo rent. Return on cash invested shows 30.54% in year one, and 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 160.36% and total cumulative return in cash records $114,289. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,040/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Single Family
Built in 1930
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18623, Laceyville, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,262 (100%) |
| Owner Occupied HU | 748 (59.3%) |
| Renter Occupied HU | 241 (19.1%) |
| Vacant Housing Units | 273 (21.6%) |
| Median Home Value | $219,000 |
| Average Home Value | $305,127 |
Housing Distribution
Address Breakdown
Residential
1,016
Single Family
1,016
Multi-Family
0
Businesses
51
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Listed by: Sable Esther Stephens • REALTY NETWORK GROUP
Mls Name: GSBR
Mls ID: #SC253450