21-201 Midlake DrLake HarmonyPA18624
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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
Investment property for sale in Lake Harmony at 21-201 Midlake Dr, Lake Harmony, PA, 18624 earns $93/mo cash flow from $2,880/mo rent with a $1,821/mo payment. Total monthly income totals $2,880/mo, and annual cash flow totals $1,113/yr on $123,318 capital. ROI tracks 20.81% on current figures, and rental yield reads 9.29% at a $372,000 purchase. Equity gained on principal adds $2,400/yr, and 5% annual appreciation supports $102,777 over five years. Five-year ROI reaches 109.39% and total cumulative return in cash sums $134,901. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,880/mo property income instead of your personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
$1,048 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18624, Lake Harmony, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,924 (100%) |
| Owner Occupied HU | 288 (15.0%) |
| Renter Occupied HU | 57 ( 3.0%) |
| Vacant Housing Units | 1,579 (82.1%) |
| Median Home Value | $434,167 |
| Average Home Value | $627,656 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
33
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Listed by: David Joyce • Jonathan J. Nelson Real Estate
Mls Name: Luzerne County AOR
Mls ID: #25-2561
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.