14 May AveHarveys LakePA18618
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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 Harveys Lake at 14 May Ave, Harveys Lake, PA, 18618 offers a 11.91% rental yield on a $214,900 purchase with $2,132/mo rent. Total monthly income registers $2,132/mo, and a $1,052/mo payment leaves $724/mo available for distribution. Annual cash flow reaches $8,684/yr on $71,239 to close, and return on cash invested stands at 32.1% in year one. Equity gained on principal adds $1,387/yr while 5% annual appreciation supports $59,373 over five years. Portfolio math shows five-year ROI at 168.72% and total cumulative return in cash at $120,198. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,132/mo property income against a $1,052/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
7,335 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18618, Harveys Lake, PA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
1,726
Single Family
1,726
Multi-Family
0
Businesses
62
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Listed by: Ben Chopka • Tom Hart Realty
Mls Name: Luzerne County AOR
Mls ID: #25-2903
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.