20 Drummond StPittstonPA18640
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 20 Drummond St, Pittston, PA, 18640 at $163,000 posts ROI 24.88% with $224/mo cash flow from $1,292/mo rent. Total monthly income equals $1,292/mo, and annual cash flow records $2,684/yr on $54,035 to close. Return on cash invested measures 24.88% and rental yield reads 9.51% at the current $163,000. Equity gained on principal adds $1,052/yr, and 5% annual appreciation supports $45,034 by year five. Five-year ROI prints 129.98% and total cumulative return in cash totals $70,231.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,292/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1938
0.90 Acres 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: Ralph Harvey • ListWithFreedom.com
Mls Name: Luzerne County AOR
Mls ID: #25-3177