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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 Ashland at 2038 Walnut St, Ashland, PA, 17921 offers a 14.73% rental yield on a $159,900 purchase with $1,963/mo rent. Total monthly income registers $1,963/mo, and a $783/mo payment leaves $874/mo available for distribution. Annual cash flow reaches $10,484/yr on $53,007 to close, and return on cash invested stands at 39.69% in year one. Equity gained on principal adds $1,032/yr while 5% annual appreciation supports $44,177 over five years. Portfolio math shows five-year ROI at 209.76% and total cumulative return in cash at $111,186. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,963/mo property income against a $783/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 17921, Ashland, PA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,686 (100%) |
| Owner Occupied HU | 2,422 (65.7%) |
| Renter Occupied HU | 591 (16.0%) |
| Vacant Housing Units | 673 (18.3%) |
| Median Home Value | $163,971 |
| Average Home Value | $183,988 |
Residential
2,906
Single Family
2,826
Multi-Family
80
Businesses
158
Date | Event | Price |
|---|---|---|
| 2025-01-06 | Listed for sale | $159,900 |
| 2024-09-21 | Listing removed | $159,900 |
| 2024-09-21 | Price change | $159,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-08 | $2877.37 | 1.14% | $31,745 | N/A |
| 2022-01-08 | $2844.99 | 5.40% | $31,745 | N/A |
| 2021-01-08 | $2699.28 | -0.70% | $31,745 | N/A |
What's Special
None
Listed by: Donald Ide • Abstract Realty Group LLC
Mls Name: GSBR
Mls Provider:
Mls ID: #SC1822
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.
