142 Palance Ave, Hazle Township, PA, 18202 | $217/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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142 Palance Ave, Hazle Township, PA, 18202 | $217/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Hazle Township at 142 Palance Ave, Hazle Township, PA, 18202 generates $1,854/mo in rent and, after a $1,223/mo payment, leaves $217/mo in cash flow. Total monthly income is $1,854/mo, and annual cash flow is $2,599/yr on $82,842 invested. Return on cash invested sits at 23.05% in year one, and rental yield is 8.9% on a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 120.17% and total cumulative return in cash sums $99,554. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,854/mo property income rather than buyer’s personal income.

Single Family

Built in 1987

6,534 sqft lot

$N/A/sqft

No HOA

More details about the property

Charming Ranch Home in Desirable Scotch Hills Estates📍 142 Palance Avenue, Hazle Township, PA 18202Welcome to this inviting and well-maintained ranch-style home nestled in the peaceful Scotch Hills Estates subdivision. This two-bedroom, one-and-a-half-bath property offers a thoughtful layout. Perfect for anyone looking for one-level living with additional space to grow! Step inside to discover beautiful maple hardwood floors flowing throughout the main living areas, adding warmth and elegance. The spacious living room is filled with natural light and offers a cozy setting for everyday relaxation or entertaining guests. The kitchen comes equipped with sleek stainless steel appliances, ample cabinet space, and direct access to the adjacent dining area, making meal prep and dining seamless. A door from one of the bedrooms leads directly to a private deck, offering the perfect retreat to enjoy your morning coffee or evening sunsets. One of the standout features of this home is the charming three-season sunroom, which opens directly to the backyardan ideal space for gardening, pets, or outdoor gatherings. Downstairs, the partially finished basement offers an estimated 15x15 finished area, complete with washer/dryer hook-ups and a coal stove for supplemental heating, ensuring comfort during colder months. The remaining basement space offers generous unfinished storage or the potential for future finishing. The home also includes a one-car built-in garage with a concrete parking pad in front, providing plenty of off-street parking. This home combines the tranquility of suburban living with convenient access to major routes, schools, shopping, and recreation. Don't miss your opportunity to make 142 Palance Avenue your new address.

Neighborhood Data

Neighborhood data shown for ZIP Code: 18202, Hazleton, PA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,760 (100%)
Owner Occupied HU	3,895 (57.6%)
Renter Occupied HU	1,998 (29.6%)
Vacant Housing Units	867 (12.8%)
Median Home Value	$230,774
Average Home Value	$244,610