2 Snyder LnMountain TopPA18707
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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
Total monthly income runs $1,920/mo, and a $1,762/mo payment. Purchase price stands at $359,900, and rental yield measures 6.4% with $1,920/mo rent. Return on cash invested shows 15.5% in year one, and 5% annual appreciation builds toward $99,434 over five years. Five-year ROI reaches 79.68% and total cumulative return in cash records $95,066. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,920/mo property income covering a $1,762/mo payment rather than investor’s personal income.
Single Family
Built in 2006
0.53 Acres lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 18707, Mountain Top, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,504 (100%) |
| Owner Occupied HU | 5,455 (83.9%) |
| Renter Occupied HU | 619 ( 9.5%) |
| Vacant Housing Units | 430 ( 6.6%) |
| Median Home Value | $320,054 |
| Average Home Value | $348,657 |
Housing Distribution
Address Breakdown
Residential
6,579
Single Family
6,527
Multi-Family
52
Businesses
410
Price History
Date | Event | Price |
|---|---|---|
| 2024-11-01 | Price change | $359,900 |
| 2024-10-03 | Price change | $369,900 |
| 2024-09-10 | Price change | $374,900 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2006
- Architectural Style: N/A
- Building Area: 2,240
- Living Area: 2,240 sqft
- Property Condition: Excellent,16 - 20 Yrs
Features & Amenities
- Heating: Heat Pump, Electric
- Cooling: Central Air
- Flooring: N/A
- Interior Features: Walk-In Closet(s)
- Exterior Features: N/A
- Parking Features: Attached, Garage Door Opener, Driveway
Location
- City: Mountain Top
- State: PA
- Subdivision: None
- Lot Size: 0.53 Acres
- Lot Features: Wooded, Level
- View: N/A
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Well
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Lisa Joseph • Lewith & Freeman, Mountaintop
Mls Name: Luzerne County AOR
Mls ID: #24-3660
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.