124 Misty LnDrumsPA18222
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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
Investment property for sale in Drums at 124 Misty Ln, Drums, PA, 18222 with 5% annual appreciation on a $113,900 basis while $881/mo rent supports operations. Total monthly income totals $881/mo and a $557/mo payment preserves $135/mo for cash returns. Annual cash flow comes to $1,621/yr on $37,758 deployed, and return on cash invested reaches 24.2% in year one. Equity gained on principal adds $735/yr, and five-year appreciation sums $31,468 alongside rental yield of 9.28%. Five-year ROI measures 126.49% and total cumulative return in cash totals $47,760.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $881/mo property income versus a $557/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2022
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18222, Drums, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,237 (100%) |
| Owner Occupied HU | 3,341 (78.9%) |
| Renter Occupied HU | 519 (12.2%) |
| Vacant Housing Units | 377 ( 8.9%) |
| Median Home Value | $276,287 |
| Average Home Value | $294,507 |
Housing Distribution
Address Breakdown
Residential
4,258
Single Family
4,165
Multi-Family
93
Businesses
165
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Listed by: Michael Pinko • Lewith & Freeman, Drums
Mls Name: Luzerne County AOR
Mls ID: #25-1007