20 Parsonage StKingsleyPA18826
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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 Kingsley at 20 Parsonage St, Kingsley, PA, 18826 priced at $550,000 converts $2,564/mo rent into after a $2,692/mo obligation. Total monthly income equals $2,564/mo. Return on cash invested prints 13.16% in year one, and rental yield reads 5.59% against a $550,000 entry. Equity gained on principal adds $3,549/yr, while 5% annual appreciation compiles into $151,955 by year five. Five-year ROI reaches 67.11% and total cumulative return in cash sums $121,438. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,564/mo property income covering a $2,692/mo payment, not borrower’s personal income.
Single Family
Built in 1988
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18826, Kingsley, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 946 (100%) |
| Owner Occupied HU | 571 (60.4%) |
| Renter Occupied HU | 123 (13.0%) |
| Vacant Housing Units | 252 (26.6%) |
| Median Home Value | $293,750 |
| Average Home Value | $326,673 |
Housing Distribution
Address Breakdown
Residential
755
Single Family
755
Multi-Family
0
Businesses
44
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Listed by: Nadine Krisa Peckins • Keller Williams Real Estate-Clarks Summit
Mls Name: GSBR
Mls Provider:
Mls ID: #SC5754
Disclaimer: Information provided by the Greater Scranton Board of REALTORS MLS. Information is for consumers personal noncommercial use, and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. Consult the specific municipality for permitted Zoning uses.