216 N Oak StSummit HillPA18250
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
Rental property for sale in Summit Hill at 216 N Oak St, Summit Hill, PA, 18250 offers $1,002/mo rent that, after a $612/mo payment, leaves $177/mo cash flow. Total monthly income is $1,002/mo, and annual cash flow is $2,119/yr on $41,438 cash. Return on cash invested measures 25.02% in year one, and rental yield stands at 9.62% at a $125,000 entry. Equity gained on principal adds $807/yr while 5% annual appreciation compounds into $34,535 by year five. Five-year ROI records 130.85% and total cumulative return in cash reaches $54,221. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,002/mo property income versus a $612/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1936
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18250, Summit Hill, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,559 (100%) |
| Owner Occupied HU | 1,031 (66.1%) |
| Renter Occupied HU | 340 (21.8%) |
| Vacant Housing Units | 188 (12.1%) |
| Median Home Value | $120,543 |
| Average Home Value | $169,440 |
Housing Distribution
Address Breakdown
Residential
1,335
Single Family
1,302
Multi-Family
33
Businesses
62
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jurisky Flores • Benjamin Real Estate
Mls Name: Luzerne County AOR
Mls ID: #24-5674
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.