198 Long Run RdDrumsPA18222
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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 Drums at 198 Long Run Rd, Drums, PA, 18222 priced at $499,900 converts $3,097/mo rent into after a $2,447/mo obligation. Total monthly income equals $3,097/mo. Return on cash invested prints 18.53% in year one, and rental yield reads 7.43% against a $499,900 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation compiles into $138,113 by year five. Five-year ROI reaches 95.96% and total cumulative return in cash sums $159,024. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,097/mo property income covering a $2,447/mo payment, not borrower’s personal income.
Single Family
Built in 2017
0.34 Acres lot
$N/A/sqft
$140 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18222, Drums, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,237 (100%) |
| Owner Occupied HU | 3,341 (78.9%) |
| Renter Occupied HU | 519 (12.2%) |
| Vacant Housing Units | 377 ( 8.9%) |
| Median Home Value | $276,287 |
| Average Home Value | $294,507 |
Housing Distribution
Address Breakdown
Residential
4,258
Single Family
4,165
Multi-Family
93
Businesses
165
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Listed by: Joyce Rowlands • Lewith & Freeman, Drums
Mls Name: Luzerne County AOR
Mls ID: #25-630
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.