144 Ladderback LnCrescoPA18326
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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
Rental property for sale in Cresco at 144 Ladderback Ln, Cresco, PA, 18326 generates $6,355/mo in rent, after a $7,337/mo payment. Total monthly income is $6,355/mo. Return on cash invested sits at 11.8% in year one, and rental yield is 5.09% on a $1,499,000 entry. Equity gained on principal adds $9,673/yr, while 5% annual appreciation builds toward $414,146 over five years. Five-year ROI reaches 59.76% and total cumulative return in cash sums $290,253. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,355/mo property income rather than buyer’s personal income.
Single Family
Built in 1990
0.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18326, Cresco, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,725 (100%) |
| Owner Occupied HU | 1,604 (58.9%) |
| Renter Occupied HU | 527 (19.3%) |
| Vacant Housing Units | 594 (21.8%) |
| Median Home Value | $282,562 |
| Average Home Value | $346,161 |
Housing Distribution
Address Breakdown
Residential
2,174
Single Family
2,104
Multi-Family
70
Businesses
107
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Listed by: Tracy L. McDermott • McDermott & McDermott Real Estate, Inc.
Mls Name: Luzerne County AOR
Mls ID: #25-5869