129 Morse AveSimpsonPA18407
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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 Simpson at 129 Morse Ave, Simpson, PA, 18407 earns from $1,652/mo rent with a $1,270/mo payment. Total monthly income totals $1,652/mo. ROI tracks 19.23% on current figures, and rental yield reads 7.64% at a $259,500 purchase. Equity gained on principal adds $1,675/yr, and 5% annual appreciation supports $71,695 over five years. Five-year ROI reaches 99.73% and total cumulative return in cash sums $85,793. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,652/mo property income instead of your personal income.
Single Family
Built in 1910
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18407, Carbondale, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,183 (100%) |
| Owner Occupied HU | 3,932 (54.7%) |
| Renter Occupied HU | 2,174 (30.3%) |
| Vacant Housing Units | 1,077 (15.0%) |
| Median Home Value | $211,128 |
| Average Home Value | $259,991 |
Housing Distribution
Address Breakdown
Residential
6,036
Single Family
5,612
Multi-Family
424
Businesses
411
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Listed by: Danielle2Sell Realty Team • ERA One Source Realty, Peckville
Mls Name: GSBR
Mls Provider:
Mls ID: #SC251583
Disclaimer: Information provided by the Greater Scranton Board of REALTORS MLS. Information is for consumers personal noncommercial use, and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. Consult the specific municipality for permitted Zoning uses.