1372 Highway 307Clarks SummitPA18411
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 Clarks Summit at 1372 Highway 307, Clarks Summit, PA, 18411 offers a 9.17% rental yield on a $180,000 purchase with $1,376/mo rent. Total monthly income registers $1,376/mo, and a $881/mo payment leaves $197/mo available for distribution. Annual cash flow reaches $2,358/yr on $59,670 to close, and return on cash invested stands at 23.86% in year one. Equity gained on principal adds $1,162/yr while 5% annual appreciation supports $49,731 over five years. Portfolio math shows five-year ROI at 124.55% and total cumulative return in cash at $74,321. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,376/mo property income against a $881/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1991
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18411, Clarks Summit, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,595 (100%) |
| Owner Occupied HU | 7,117 (74.2%) |
| Renter Occupied HU | 1,817 (18.9%) |
| Vacant Housing Units | 661 ( 6.9%) |
| Median Home Value | $313,873 |
| Average Home Value | $364,861 |
Housing Distribution
Address Breakdown
Residential
9,456
Single Family
9,073
Multi-Family
383
Businesses
674
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Listed by: Stephanie Lewandowski • Rubbico Real Estate
Mls Name: Luzerne County AOR
Mls ID: #25-3267