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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Clarks Summit at 2009 Terra Dr #L-32, Clarks Summit, PA, 18411 listed at $339,900 pairs $2,771/mo rent with a $1,664/mo payment to leave $543/mo cash flow. Total monthly income runs $2,771/mo, and annual cash flow reaches $6,520/yr on $112,677 cash to close. Return on cash invested measures 25.7% in year one, and rental yield registers 9.78% at a $339,900 basis. Equity gained on principal adds $2,193/yr, and annual property appreciation at 5% supports $93,908 by year five. Five-year ROI tracks 134.37% and total cumulative return in cash totals $151,403. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,771/mo property income relative to a $1,664/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1984
1.09 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 18411, Clarks Summit, PA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,595 (100%) |
| Owner Occupied HU | 7,117 (74.2%) |
| Renter Occupied HU | 1,817 (18.9%) |
| Vacant Housing Units | 661 ( 6.9%) |
| Median Home Value | $313,873 |
| Average Home Value | $364,861 |
Residential
9,456
Single Family
9,073
Multi-Family
383
Businesses
674
Date | Event | Price |
|---|---|---|
| 2024-08-21 | Listing removed | $310,000 |
| 2024-07-12 | Pending sale | $310,000 |
| 2024-07-02 | Price change | $310,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-01-12 | $4428.04 | 4.90% | $21,000 | N/A |
| 2023-01-12 | $4221.19 | 2.12% | $21,000 | N/A |
| 2022-01-12 | $4133.43 | N/A | $21,000 | N/A |
What's Special
Partially Floored,Storage
Listed by: DEBRA B HARRIS • Hibble Harris Real Estate, Inc
Mls Name: GSBR
Mls Provider:
Mls ID: #232353
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.
