1702 State Route 374NicholsonPA18446
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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
Investment property for sale in Nicholson at 1702 State Route 374, Nicholson, PA, 18446 earns from $2,330/mo rent with a $2,570/mo payment. Total monthly income totals $2,330/mo. ROI tracks 12.34% on current figures, and rental yield reads 5.33% at a $525,000 purchase. Equity gained on principal adds $3,388/yr, and 5% annual appreciation supports $145,048 over five years. Five-year ROI reaches 62.74% and total cumulative return in cash sums $108,369. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,330/mo property income instead of your personal income.
Single Family
Built in 2023
11.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18446, Nicholson, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,756 (100%) |
| Owner Occupied HU | 1,084 (61.7%) |
| Renter Occupied HU | 324 (18.5%) |
| Vacant Housing Units | 348 (19.8%) |
| Median Home Value | $249,401 |
| Average Home Value | $309,071 |
Housing Distribution
Address Breakdown
Residential
1,354
Single Family
1,330
Multi-Family
24
Businesses
73
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Listed by: JEFFREY R STROHL • Coldwell Banker Town & Country Properties Montrose
Mls Name: GSBR
Mls Provider:
Mls ID: #SC5685
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.