178 Old State RdHonesdalePA18431
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 Honesdale at 178 Old State Rd, Honesdale, PA, 18431 offers $1,728/mo rent that, after a $1,466/mo payment. Total monthly income is $1,728/mo. Return on cash invested measures 17.07% in year one, and rental yield stands at 6.92% at a $299,500 entry. Equity gained on principal adds $1,933/yr while 5% annual appreciation compounds into $82,746 by year five. Five-year ROI records 88.13% and total cumulative return in cash reaches $87,503. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,728/mo property income versus a $1,466/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18431, Honesdale, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,892 (100%) |
| Owner Occupied HU | 4,149 (60.2%) |
| Renter Occupied HU | 1,582 (23.0%) |
| Vacant Housing Units | 1,161 (16.8%) |
| Median Home Value | $257,867 |
| Average Home Value | $318,571 |
Housing Distribution
Address Breakdown
Residential
5,828
Single Family
5,731
Multi-Family
97
Businesses
725
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Listed by: Kathryn Baron • Davis R. Chant - Honesdale
Mls Name: PWAR
Mls ID: #PW253963