1702 State Route 374NicholsonPA18446
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 1702 State Route 374, Nicholson, PA, 18446 in Nicholson is capital appreciation. Rental yield 5.33%. The 5.33% gross yield at $525,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $145,048 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.99) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $128,476.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 5.3% | 6.2% |
| Monthly Cash Flow | $(1,110) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,330 |
| Total Monthly Debt Service | $3,231 |
| DSCR Ratio | 0.72x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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.