1221 Elk Grove RdBentonPA17814
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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 Benton at 1221 Elk Grove Rd, Benton, PA, 17814 generates $1,342/mo in rent and, after a $905/mo payment, leaves $130/mo in cash flow. Total monthly income is $1,342/mo, and annual cash flow is $1,563/yr on $61,328 invested. Return on cash invested sits at 22.46% in year one, and rental yield is 8.7% on a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 117.05% and total cumulative return in cash sums $71,787. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,342/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17814, Benton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,601 (100%) |
| Owner Occupied HU | 1,543 (59.3%) |
| Renter Occupied HU | 357 (13.7%) |
| Vacant Housing Units | 701 (27.0%) |
| Median Home Value | $265,270 |
| Average Home Value | $300,109 |
Housing Distribution
Address Breakdown
Residential
1,895
Single Family
1,883
Multi-Family
12
Businesses
108
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Listed by: Cindy Gensel • Century 21 Signature Properties
Mls Name: Luzerne County AOR
Mls ID: #25-1103
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.