117 Patch LnTobyhannaPA18466
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 117 Patch Ln, Tobyhanna, PA, 18466 in Tobyhanna at $159,000 earns $1,220/mo in rent and nets $171/mo after the $715/mo payment, a 9.21% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $43,929 over five years. Ziffy Mortgage underwrites this on a 1.71 DSCR without U.S. credit history. With $1,464/yr in principal paydown, total projected return reaches $71,627.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 6.8% |
| Monthly Cash Flow | $171 | $285 |
City averages based on Tobyhanna market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,220 |
| Total Monthly Debt Service | $986 |
| DSCR Ratio | 1.24x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1960
1.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18466, Tobyhanna, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,979 (100%) |
| Owner Occupied HU | 4,432 (55.5%) |
| Renter Occupied HU | 1,472 (18.4%) |
| Vacant Housing Units | 2,075 (26.0%) |
| Median Home Value | $236,760 |
| Average Home Value | $274,196 |
Housing Distribution
Address Breakdown
Residential
6,751
Single Family
4,779
Multi-Family
1,972
Businesses
146
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
Single Family
Built in 1960
1.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18466, Tobyhanna, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,979 (100%) |
| Owner Occupied HU | 4,432 (55.5%) |
| Renter Occupied HU | 1,472 (18.4%) |
| Vacant Housing Units | 2,075 (26.0%) |
| Median Home Value | $236,760 |
| Average Home Value | $274,196 |
Housing Distribution
Address Breakdown
Residential
6,751
Single Family
4,779
Multi-Family
1,972
Businesses
146
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jamie Lukeski • CENTURY 21 Select Group - Hamlin
Mls Name: PWAR
Mls Provider:
Mls ID: #PW243701
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.