175 Alger AveTannersvillePA18372
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 Tannersville at 175 Alger Ave, Tannersville, PA, 18372 priced at $299,000 pairs $2,062/mo rent with $103/mo cash flow after a $1,463/mo payment. Total monthly income equals $2,062/mo, and annual cash flow comes to $1,238/yr on $99,119 invested. Return on cash invested is 21.16% in year one, and rental yield stands at 8.28% on a $299,000 basis. Equity gained on principal adds $1,929/yr, and 5% annual appreciation accumulates to $82,608 by year five. Five-year ROI measures 110.05% and total cumulative return in cash reaches $109,078. For financing, Ziffy Mortgage’s DSCR program evaluates $2,062/mo property income against a $1,463/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18372, Tannersville, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,687 (100%) |
| Owner Occupied HU | 815 (48.3%) |
| Renter Occupied HU | 188 (11.1%) |
| Vacant Housing Units | 684 (40.5%) |
| Median Home Value | $295,785 |
| Average Home Value | $318,261 |
Housing Distribution
Address Breakdown
Residential
1,060
Single Family
1,060
Multi-Family
0
Businesses
334
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Listed by: Suzanne Kasperski • Christian Saunders Real Estate
Mls Name: PMAR
Mls ID: #PM-133092