120 Melody LnGreentownPA18426
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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 120 Melody Ln, Greentown, PA, 18426 generates $1,390/mo in rent and, after a $881/mo payment, leaves $211/mo in cash flow. Total monthly income is $1,390/mo, and annual cash flow is $2,528/yr on $59,637 invested. Return on cash invested sits at 24.15% in year one, and rental yield is 9.27% on a $179,900 entry. Equity gained on principal adds $1,161/yr, while 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 126.08% and total cumulative return in cash sums $75,189. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,390/mo property income rather than buyer’s personal income.
Manufactured
Built in 1979
0.34 Acres 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: Debra K. Gunnip • Davis R. Chant - Lake Wallenpaupack
Mls Name: PWAR
Mls ID: #PW253066