2 E Center StNesquehoningPA18240
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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 Nesquehoning at 2 E Center St, Nesquehoning, PA, 18240 listed at $189,900 pairs $1,480/mo rent with a $929/mo payment to leave $172/mo cash flow. Total monthly income runs $1,480/mo, and annual cash flow reaches $2,062/yr on $62,952 cash to close. Return on cash invested measures 23.18% in year one, and rental yield registers 9.35% at a $189,900 basis. Equity gained on principal adds $1,225/yr, and annual property appreciation at 5% supports $52,466 by year five. Five-year ROI tracks 121.32% and total cumulative return in cash totals $76,373. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,480/mo property income relative to a $929/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1971
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18240, Nesquehoning, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,049 (100%) |
| Owner Occupied HU | 1,203 (58.7%) |
| Renter Occupied HU | 448 (21.9%) |
| Vacant Housing Units | 398 (19.4%) |
| Median Home Value | $213,419 |
| Average Home Value | $204,011 |
Housing Distribution
Address Breakdown
Residential
1,851
Single Family
1,740
Multi-Family
111
Businesses
97
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Listed by: Jill Shaver Hunter • McDermott & McDermott Real Estate, Inc.
Mls Name: Luzerne County AOR
Mls ID: #25-277
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.