128 Perrin AveShavertownPA18708
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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 Shavertown at 128 Perrin Ave, Shavertown, PA, 18708 generates $1,956/mo in rent and, after a $1,101/mo payment, leaves $482/mo in cash flow. Total monthly income is $1,956/mo, and annual cash flow is $5,782/yr on $74,588 invested. Return on cash invested sits at 27.66% in year one, and rental yield is 10.43% on a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 144.89% and total cumulative return in cash sums $108,069. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,956/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18708, Shavertown, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,791 (100%) |
| Owner Occupied HU | 3,146 (83.0%) |
| Renter Occupied HU | 458 (12.1%) |
| Vacant Housing Units | 187 ( 4.9%) |
| Median Home Value | $306,159 |
| Average Home Value | $334,819 |
Housing Distribution
Address Breakdown
Residential
3,781
Single Family
3,665
Multi-Family
116
Businesses
185
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Listed by: Nancy Answini • Joseph P. Gilroy Real Estate
Mls Name: Luzerne County AOR
Mls ID: #24-5534
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.