216 Pheasant PlTobyhannaPA18466
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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 Tobyhanna at 216 Pheasant Pl, Tobyhanna, PA, 18466 offers $2,784/mo rent that, after a $2,104/mo payment. Total monthly income is $2,784/mo. Return on cash invested measures 19.63% in year one, and rental yield stands at 7.77% at a $429,900 entry. Equity gained on principal adds $2,774/yr while 5% annual appreciation compounds into $118,773 by year five. Five-year ROI records 101.86% and total cumulative return in cash reaches $145,159. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,784/mo property income versus a $2,104/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18466, Tobyhanna, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,979 (100%) |
| Owner Occupied HU | 4,432 (55.5%) |
| Renter Occupied HU | 1,472 (18.4%) |
| Vacant Housing Units | 2,075 (26.0%) |
| Median Home Value | $236,760 |
| Average Home Value | $274,196 |
Housing Distribution
Address Breakdown
Residential
6,751
Single Family
4,779
Multi-Family
1,972
Businesses
146
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Listed by: Shawn A. Leadbetter • Coldwell Banker Hearthside
Mls Name: GLVR
Mls ID: #768596