22 Elovar DrBrowndalePA18421
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
Investment property for sale in Browndale at 22 Elovar Dr, Browndale, PA, 18421 at $295,000 posts ROI 36.4% with $1,344/mo cash flow from $3,277/mo rent. Total monthly income equals $3,277/mo, and annual cash flow records $16,125/yr on $97,793 to close. Return on cash invested measures 36.4% and rental yield reads 13.33% at the current $295,000. Equity gained on principal adds $1,904/yr, and 5% annual appreciation supports $81,503 by year five. Five-year ROI prints 191.73% and total cumulative return in cash totals $187,502.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,277/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2007
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18421, Forest City, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,263 (100%) |
| Owner Occupied HU | 1,400 (61.9%) |
| Renter Occupied HU | 471 (20.8%) |
| Vacant Housing Units | 392 (17.3%) |
| Median Home Value | $220,465 |
| Average Home Value | $273,734 |
Housing Distribution
Address Breakdown
Residential
2,000
Single Family
1,947
Multi-Family
53
Businesses
121
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Nearby investment properties with comparable prices
Listed by: Casie Lynott • Cobblestone Real Estate LLC
Mls Name: GSBR
Mls Provider:
Mls ID: #SC252638
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.