220 Hillary Dr WFreelandPA18224
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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 Freeland at 220 Hillary Dr W, Freeland, PA, 18224 uses $112,677 cash to close to unlock $9,483/yr annual cash flow and $790/mo monthly cash flow. Total monthly income runs $3,095/mo, and a $1,664/mo payment keeps the spread at $790/mo. Purchase price stands at $339,900, and rental yield measures 10.93% with $3,095/mo rent. Return on cash invested shows 28.32% in year one, and 5% annual appreciation builds toward $93,908 over five years. Five-year ROI reaches 148.77% and total cumulative return in cash records $167,627. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,095/mo property income covering a $1,664/mo payment rather than investor’s personal income.
Single Family
Built in 2005
0.64 Acres lot
$N/A/sqft
$650 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18224, Freeland, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,199 (100%) |
| Owner Occupied HU | 1,957 (61.2%) |
| Renter Occupied HU | 855 (26.7%) |
| Vacant Housing Units | 387 (12.1%) |
| Median Home Value | $141,635 |
| Average Home Value | $168,710 |
Housing Distribution
Address Breakdown
Residential
2,918
Single Family
2,800
Multi-Family
118
Businesses
132
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Listed by: Corine Sworen • Lewith & Freeman, Mountaintop
Mls Name: Luzerne County AOR
Mls ID: #24-807
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