146 Pierce 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 146 Pierce Rd, Carbondale, PA, 18407 priced at $279,000 pairs $2,248/mo rent with $419/mo cash flow after a $1,366/mo payment. Total monthly income equals $2,248/mo, and annual cash flow comes to $5,032/yr on $92,489 invested. Return on cash invested is 25.35% in year one, and rental yield stands at 9.67% on a $279,000 basis. Equity gained on principal adds $1,800/yr, and 5% annual appreciation accumulates to $77,083 by year five. Five-year ROI measures 132.53% and total cumulative return in cash reaches $122,575. For financing, Ziffy Mortgage’s DSCR program evaluates $2,248/mo property income against a $1,366/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1998
0.76 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Colin Striefsky • RE/MAX Home Team
Mls Name: GSBR
Mls Provider:
Mls ID: #SC5752
Disclaimer: Information provided by the Greater Scranton Board of REALTORS MLS. Information is for consumers personal noncommercial use, and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. Consult the specific municipality for permitted Zoning uses.