115 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 115 Spruce St, Greentown, PA, 18426 priced at $288,000 pairs $2,074/mo rent with $186/mo cash flow after a $1,410/mo payment. Total monthly income equals $2,074/mo, and annual cash flow comes to $2,237/yr on $95,472 invested. Return on cash invested is 22.25% in year one, and rental yield stands at 8.64% on a $288,000 basis. Equity gained on principal adds $1,858/yr, and 5% annual appreciation accumulates to $79,569 by year five. Five-year ROI measures 115.91% and total cumulative return in cash reaches $110,664. For financing, Ziffy Mortgage’s DSCR program evaluates $2,074/mo property income against a $1,410/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1986
7,405 sqft lot
$N/A/sqft
No 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: Dina Hernandez • CENTURY 21 Country Lake Homes - Greentown
Mls Name: PWAR
Mls ID: #PW253305