1201 S Hanover StNanticokePA18634
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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 Nanticoke at 1201 S Hanover St, Nanticoke, PA, 18634 generates $1,207/mo in rent, after a $3,181/mo payment. Total monthly income is $1,207/mo. Return on cash invested sits at 2.93% in year one, and rental yield is 2.23% on a $650,000 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation builds toward $179,583 over five years. Five-year ROI reaches 12.28% and total cumulative return in cash sums $26,258. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,207/mo property income rather than buyer’s personal income.
Multi Family
Built in N/A
5,520 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18634, Nanticoke, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,194 (100%) |
| Owner Occupied HU | 3,727 (51.8%) |
| Renter Occupied HU | 2,420 (33.6%) |
| Vacant Housing Units | 1,047 (14.6%) |
| Median Home Value | $151,725 |
| Average Home Value | $173,417 |
Housing Distribution
Address Breakdown
Residential
6,400
Single Family
6,066
Multi-Family
334
Businesses
298
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Listed by: John Polifka • Century 21 Signature Properties
Mls Name: Luzerne County AOR
Mls ID: #26-289