1306 Main StBrowndalePA18421
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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 Browndale at 1306 Main St, Browndale, PA, 18421 offers a 12.92% rental yield on a $170,000 purchase with $1,830/mo rent. Total monthly income registers $1,830/mo, and a $832/mo payment leaves $716/mo available for distribution. Annual cash flow reaches $8,593/yr on $56,355 to close, and return on cash invested stands at 35.16% in year one. Equity gained on principal adds $1,097/yr while 5% annual appreciation supports $46,968 over five years. Portfolio math shows five-year ROI at 185.16% and total cumulative return in cash at $104,349. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,830/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18421, Forest City, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,263 (100%) |
| Owner Occupied HU | 1,400 (61.9%) |
| Renter Occupied HU | 471 (20.8%) |
| Vacant Housing Units | 392 (17.3%) |
| Median Home Value | $220,465 |
| Average Home Value | $273,734 |
Housing Distribution
Address Breakdown
Residential
2,000
Single Family
1,947
Multi-Family
53
Businesses
121
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Listed by: Sherri Hoban • C21 Jack Ruddy Real Estate
Mls Name: GSBR
Mls Provider:
Mls ID: #SC6157
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.