114 Summit RdHazletonPA18202
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 Hazleton at 114 Summit Rd, Hazleton, PA, 18202 generates $3,248/mo in rent, after a $2,838/mo payment. Total monthly income is $3,248/mo. Return on cash invested sits at 15.77% in year one, and rental yield is 6.72% on a $579,900 entry. Equity gained on principal adds $3,742/yr, while 5% annual appreciation builds toward $160,216 over five years. Five-year ROI reaches 81.41% and total cumulative return in cash sums $155,329. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,248/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
0.29 Acres lot
$N/A/sqft
$1,560 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18202, Hazleton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,760 (100%) |
| Owner Occupied HU | 3,895 (57.6%) |
| Renter Occupied HU | 1,998 (29.6%) |
| Vacant Housing Units | 867 (12.8%) |
| Median Home Value | $230,774 |
| Average Home Value | $244,610 |
Housing Distribution
Address Breakdown
Residential
5,929
Single Family
5,736
Multi-Family
193
Businesses
660
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kathy Sappie • Keller Williams Real Estate, Kingston
Mls Name: Luzerne County AOR
Mls ID: #25-4281
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.