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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Ringtown at 122 Main Blvd, Ringtown, PA, 17967 generates $1,588/mo in rent and, after a $881/mo payment, leaves $409/mo in cash flow. Total monthly income is $1,588/mo, and annual cash flow is $4,902/yr on $59,670 invested. Return on cash invested sits at 28.12% in year one, and rental yield is 10.59% on a $180,000 entry. Equity gained on principal adds $1,162/yr, while 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 147.42% and total cumulative return in cash sums $87,965. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,588/mo property income rather than buyer’s personal income.
Single Family
Built in 1952
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 17967, Ringtown, PA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,093 (100%) |
| Owner Occupied HU | 860 (78.7%) |
| Renter Occupied HU | 120 (11.0%) |
| Vacant Housing Units | 113 (10.3%) |
| Median Home Value | $245,536 |
| Average Home Value | $264,526 |
Residential
926
Single Family
926
Multi-Family
0
Businesses
49
Date | Event | Price |
|---|---|---|
| 2024-11-13 | Listed for sale | $180,000 |
| 2023-11-12 | Listing removed | $110,000 |
| 2023-11-09 | Listed for sale | $110,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-14 | $1002.48 | -0.96% | $18,025 | N/A |
| 2022-11-14 | $1012.19 | 7.16% | $18,025 | N/A |
| 2021-11-14 | $944.60 | -1.14% | $18,025 | N/A |
Listed by: Lori Mallas • Century 21 Select Group
Mls Name: Luzerne County AOR
Mls ID: #24-5631
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.
