126 W Ridge 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 126 W Ridge St, Nanticoke, PA, 18634 priced at $125,000 converts $3,133/mo rent into $2,273/mo cash flow after a $612/mo obligation. Total monthly income equals $3,133/mo, and annual cash flow totals $27,277/yr on $41,438 invested. Return on cash invested prints 85.74% in year one, and rental yield reads 30.08% against a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation compiles into $34,535 by year five. Five-year ROI reaches 456.87% and total cumulative return in cash sums $189,317. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,133/mo property income covering a $612/mo payment, not borrower’s personal income.
Single Family
Built in 2005
4,500 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: Tina Forgatch • Coldwell Banker Town & Country Properties
Mls Name: Luzerne County AOR
Mls ID: #24-4403
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