1237 S Main StOld ForgePA18518
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 Old Forge at 1237 S Main St, Old Forge, PA, 18518 with 5% annual appreciation on a $275,000 basis while $2,020/mo rent supports operations. Total monthly income totals $2,020/mo and a $1,346/mo payment preserves $218/mo for cash returns. Annual cash flow comes to $2,616/yr on $91,163 deployed, and return on cash invested reaches 22.78% in year one. Equity gained on principal adds $1,775/yr, and five-year appreciation sums $75,977 alongside rental yield of 8.81%. Five-year ROI measures 118.71% and total cumulative return in cash totals $108,215.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,020/mo property income versus a $1,346/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1929
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18518, Old Forge, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,227 (100%) |
| Owner Occupied HU | 2,570 (60.8%) |
| Renter Occupied HU | 1,253 (29.6%) |
| Vacant Housing Units | 404 ( 9.6%) |
| Median Home Value | $197,125 |
| Average Home Value | $245,108 |
Housing Distribution
Address Breakdown
Residential
4,012
Single Family
3,982
Multi-Family
30
Businesses
220
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kim Fisch • Davis R. Chant Honesdale
Mls Name: PWAR
Mls Provider:
Mls ID: #PW250973
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.