12 Lamont DrDrumsPA18222
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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 Drums at 12 Lamont Dr, Drums, PA, 18222 offers $2,624/mo rent that, after a $1,919/mo payment, leaves $55/mo cash flow. Total monthly income is $2,624/mo, and annual cash flow is $659/yr on $129,948 cash. Return on cash invested measures 20.42% in year one, and rental yield stands at 8.03% at a $392,000 entry. Equity gained on principal adds $2,530/yr while 5% annual appreciation compounds into $108,302 by year five. Five-year ROI records 106.03% and total cumulative return in cash reaches $137,784. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,624/mo property income versus a $1,919/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18222, Drums, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,237 (100%) |
| Owner Occupied HU | 3,341 (78.9%) |
| Renter Occupied HU | 519 (12.2%) |
| Vacant Housing Units | 377 ( 8.9%) |
| Median Home Value | $276,287 |
| Average Home Value | $294,507 |
Housing Distribution
Address Breakdown
Residential
4,258
Single Family
4,165
Multi-Family
93
Businesses
165
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Listed by: Linnea C DelFine • Century 21 Select Group
Mls Name: Luzerne County AOR
Mls ID: #25-3600