149 Jermyn DrClarks SummitPA18411
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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 Clarks Summit at 149 Jermyn Dr, Clarks Summit, PA, 18411 priced at $985,000 converts $2,120/mo rent into after a $4,821/mo obligation. Total monthly income equals $2,120/mo. Return on cash invested prints 4.01% in year one, and rental yield reads 2.58% against a $985,000 entry. Equity gained on principal adds $6,356/yr, while 5% annual appreciation compiles into $272,137 by year five. Five-year ROI reaches 18.03% and total cumulative return in cash sums $58,426. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,120/mo property income covering a $4,821/mo payment, not borrower’s personal income.
Single Family
Built in 1978
1.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18411, Clarks Summit, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,595 (100%) |
| Owner Occupied HU | 7,117 (74.2%) |
| Renter Occupied HU | 1,817 (18.9%) |
| Vacant Housing Units | 661 ( 6.9%) |
| Median Home Value | $313,873 |
| Average Home Value | $364,861 |
Housing Distribution
Address Breakdown
Residential
9,456
Single Family
9,073
Multi-Family
383
Businesses
674
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Listed by: Lindsay E. Gress • ERA One Source Realty
Mls Name: GSBR
Mls Provider:
Mls ID: #SC250976
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.