217 Carpenter Hill RdClarks SummitPA18411
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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 Clarks Summit at 217 Carpenter Hill Rd, Clarks Summit, PA, 18411 listed at $659,000 pairs $3,091/mo rent with a $3,225/mo payment. Total monthly income runs $3,091/mo. Return on cash invested measures 13.27% in year one, and rental yield registers 5.63% at a $659,000 basis. Equity gained on principal adds $4,252/yr, and annual property appreciation at 5% supports $182,070 by year five. Five-year ROI tracks 67.7% and total cumulative return in cash totals $146,779. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,091/mo property income relative to a $3,225/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2004
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18411, Clarks Summit, PA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
9,456
Single Family
9,073
Multi-Family
383
Businesses
674
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Listed by: Hollie Hunter Suraci • ERA One Source Realty
Mls Name: GSBR
Mls Provider:
Mls ID: #SC253215
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.