181 E Railroad StPittstonPA18640
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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 Pittston at 181 E Railroad St, Pittston, PA, 18640 uses $39,449 cash to close to unlock $8,357/yr annual cash flow and $696/mo monthly cash flow. Total monthly income runs $1,540/mo, and a $582/mo payment keeps the spread at $696/mo. Purchase price stands at $119,000, and rental yield measures 15.53% with $1,540/mo rent. Return on cash invested shows 41.09% in year one, and 5% annual appreciation builds toward $32,878 over five years. Five-year ROI reaches 217.69% and total cumulative return in cash records $85,877. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,540/mo property income covering a $582/mo payment rather than investor’s personal income.
Single Family
Built in N/A
5,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18640, Pittston, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,507 (100%) |
| Owner Occupied HU | 4,971 (58.4%) |
| Renter Occupied HU | 2,557 (30.1%) |
| Vacant Housing Units | 979 (11.5%) |
| Median Home Value | $213,752 |
| Average Home Value | $242,796 |
Housing Distribution
Address Breakdown
Residential
7,836
Single Family
7,327
Multi-Family
509
Businesses
756
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Listed by: Edward Heck • Classic Properties Kingston
Mls Name: Luzerne County AOR
Mls ID: #24-4588
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.