117 Porter DrClifford TownshipPA18421
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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 Clifford Township at 117 Porter Dr, Clifford Township, PA, 18421 priced at $469,000 converts $3,089/mo rent into $15/mo cash flow after a $2,296/mo obligation. Total monthly income equals $3,089/mo, and annual cash flow totals $183/yr on $155,474 invested. Return on cash invested prints 20.03% in year one, and rental yield reads 7.9% against a $469,000 entry. Equity gained on principal adds $3,026/yr, while 5% annual appreciation compiles into $129,576 by year five. Five-year ROI reaches 103.97% and total cumulative return in cash sums $161,647. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,089/mo property income covering a $2,296/mo payment, not borrower’s personal income.
Single Family
Built in 2001
3.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18421, Forest City, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,263 (100%) |
| Owner Occupied HU | 1,400 (61.9%) |
| Renter Occupied HU | 471 (20.8%) |
| Vacant Housing Units | 392 (17.3%) |
| Median Home Value | $220,465 |
| Average Home Value | $273,734 |
Housing Distribution
Address Breakdown
Residential
2,000
Single Family
1,947
Multi-Family
53
Businesses
121
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Listed by: Carmen Winters • Lewith & Freeman, Kingston
Mls Name: Luzerne County AOR
Mls ID: #25-860
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