113 Turkey CirLackawaxenPA18435
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 Lackawaxen at 113 Turkey Cir, Lackawaxen, PA, 18435 priced at $249,000 converts $2,332/mo rent into $700/mo cash flow after a $1,219/mo obligation. Total monthly income equals $2,332/mo, and annual cash flow totals $8,401/yr on $82,544 invested. Return on cash invested prints 30.09% in year one, and rental yield reads 11.24% against a $249,000 entry. Equity gained on principal adds $1,607/yr, while 5% annual appreciation compiles into $68,794 by year five. Five-year ROI reaches 157.96% and total cumulative return in cash sums $130,388. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,332/mo property income covering a $1,219/mo payment, not borrower’s personal income.
Single Family
Built in 1983
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18435, Lackawaxen, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,708 (100%) |
| Owner Occupied HU | 400 (23.4%) |
| Renter Occupied HU | 67 ( 3.9%) |
| Vacant Housing Units | 1,241 (72.7%) |
| Median Home Value | $307,576 |
| Average Home Value | $325,244 |
Housing Distribution
Address Breakdown
Residential
672
Single Family
672
Multi-Family
0
Businesses
23
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Listed by: Alicia Kowalik • Wallenpaupack Realty
Mls Name: PWAR
Mls ID: #PW253209