120 Spruce CtHawleyPA18428
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 Hawley at 120 Spruce Ct, Hawley, PA, 18428 offers a 9.01% rental yield on a $195,000 purchase with $1,464/mo rent. 3% in year one. Equity gained on principal adds $1,258/yr while 5% annual appreciation supports $53,875 over five years. Portfolio math shows five-year ROI at 101.58% and total cumulative return in cash at $65,662. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,464/mo property income against a $954/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
1.23 Acres lot
$N/A/sqft
$2,631 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18428, Hawley, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,053 (100%) |
| Owner Occupied HU | 4,651 (46.3%) |
| Renter Occupied HU | 862 ( 8.6%) |
| Vacant Housing Units | 4,540 (45.2%) |
| Median Home Value | $299,604 |
| Average Home Value | $365,547 |
Housing Distribution
Address Breakdown
Residential
7,035
Single Family
4,077
Multi-Family
2,958
Businesses
511
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: David S Good • RE/MAX WAYNE
Mls Name: PWAR
Mls Provider:
Mls ID: #PW250412
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.