135 Walnut Ridge DrMehoopanyPA18629
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Mehoopany at 135 Walnut Ridge Dr, Mehoopany, PA, 18629 earns $207/mo cash flow from $2,598/mo rent with a $1,786/mo payment. Total monthly income totals $2,598/mo, and annual cash flow totals $2,481/yr on $120,998 capital. ROI tracks 21.96% on current figures, and rental yield reads 8.54% at a $365,000 purchase. Equity gained on principal adds $2,355/yr, and 5% annual appreciation supports $100,843 over five years. Five-year ROI reaches 114.31% and total cumulative return in cash sums $138,307. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,598/mo property income instead of your personal income.
Single Family
Built in 2024
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18629, Mehoopany, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,019 (100%) |
| Owner Occupied HU | 575 (56.4%) |
| Renter Occupied HU | 157 (15.4%) |
| Vacant Housing Units | 287 (28.2%) |
| Median Home Value | $247,406 |
| Average Home Value | $337,113 |
Housing Distribution
Address Breakdown
Residential
770
Single Family
770
Multi-Family
0
Businesses
35
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Listed by: Jeffrey Evans • eXp Realty- Scranton/Wilkes-Barre
Mls Name: Luzerne County AOR
Mls ID: #24-4509
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.