141 Bates Patch RdCarbondalePA18407
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
Rental property for sale in Carbondale at 141 Bates Patch Rd, Carbondale, PA, 18407 priced at $174,000 converts $1,264/mo rent into $123/mo cash flow after a $852/mo obligation. Total monthly income equals $1,264/mo, and annual cash flow totals $1,481/yr on $57,681 invested. Return on cash invested prints 22.48% in year one, and rental yield reads 8.72% against a $174,000 entry. Equity gained on principal adds $1,123/yr, while 5% annual appreciation compiles into $48,073 by year five. Five-year ROI reaches 117.11% and total cumulative return in cash sums $67,553. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,264/mo property income covering a $852/mo payment, not borrower’s personal income.
Single Family
Built in 1950
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18407, Carbondale, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,183 (100%) |
| Owner Occupied HU | 3,932 (54.7%) |
| Renter Occupied HU | 2,174 (30.3%) |
| Vacant Housing Units | 1,077 (15.0%) |
| Median Home Value | $211,128 |
| Average Home Value | $259,991 |
Housing Distribution
Address Breakdown
Residential
6,036
Single Family
5,612
Multi-Family
424
Businesses
411
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Listed by: Chassidy Babcock • Pocono Mountain Lakes Realty
Mls Name: PWAR
Mls ID: #PW242418