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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Harveys Lake at 1315 Lakeside Dr, Harveys Lake, PA, 18618 priced at $999,900 converts $3,497/mo rent into after a $4,894/mo obligation. Total monthly income equals $3,497/mo. Return on cash invested prints 8.92% in year one, and rental yield reads 4.2% against a $999,900 entry. Equity gained on principal adds $6,452/yr, while 5% annual appreciation compiles into $276,254 by year five. Five-year ROI reaches 44.33% and total cumulative return in cash sums $145,832. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,497/mo property income covering a $4,894/mo payment, not borrower’s personal income.
Single Family
Built in 1895
1.38 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 18618, Harveys Lake, PA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,088 (100%) |
| Owner Occupied HU | 1,330 (63.7%) |
| Renter Occupied HU | 287 (13.7%) |
| Vacant Housing Units | 471 (22.6%) |
| Median Home Value | $327,864 |
| Average Home Value | $399,957 |
Residential
1,726
Single Family
1,726
Multi-Family
0
Businesses
62
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Donna Klug • Classic Properties Back Mountain
Mls Name: Luzerne County AOR
Mls ID: #25-2277
