183 N Main 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
Rental property for sale in Pittston at 183 N Main St, Pittston, PA, 18640 generates $1,916/mo in rent, after a $5,457/mo payment. Total monthly income is $1,916/mo. Return on cash invested sits at 2.47% in year one, and rental yield is 2.06% on a $1,115,000 entry. Equity gained on principal adds $7,195/yr, while 5% annual appreciation builds toward $308,054 over five years. Five-year ROI reaches 9.69% and total cumulative return in cash sums $34,993. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,916/mo property income rather than buyer’s personal income.
Multi Family
Built in N/A
3,484 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: David Garpstas • Keller Williams Elite
Mls Name: Luzerne County AOR
Mls ID: #24-3395
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.