1164 Bennett St #L151Old ForgePA18518
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
Investment property for sale in Old Forge at 1164 Bennett St #L151, Old Forge, PA, 18518 listed at $146,600 pairs $1,430/mo rent with a $718/mo payment to leave $469/mo cash flow. Total monthly income runs $1,430/mo, and annual cash flow reaches $5,627/yr on $48,598 cash to close. Return on cash invested measures 31.49% in year one, and rental yield registers 11.71% at a $146,600 basis. Equity gained on principal adds $946/yr, and annual property appreciation at 5% supports $40,503 by year five. Five-year ROI tracks 165.4% and total cumulative return in cash totals $80,382. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,430/mo property income relative to a $718/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1930
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18518, Old Forge, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,227 (100%) |
| Owner Occupied HU | 2,570 (60.8%) |
| Renter Occupied HU | 1,253 (29.6%) |
| Vacant Housing Units | 404 ( 9.6%) |
| Median Home Value | $197,125 |
| Average Home Value | $245,108 |
Housing Distribution
Address Breakdown
Residential
4,012
Single Family
3,982
Multi-Family
30
Businesses
220
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Heather A Luklanchuk • REALTY NETWORK GROUP
Mls Name: GSBR
Mls ID: #SC253736