221-223 E Patterson St #225LansfordPA18232
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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 Lansford at 221-223 E Patterson St #225, Lansford, PA, 18232 uses $64,643 cash to close to unlock $3,619/yr annual cash flow and $302/mo monthly cash flow. Total monthly income runs $1,579/mo, and a $954/mo payment keeps the spread at $302/mo. Purchase price stands at $195,000, and rental yield measures 9.72% with $1,579/mo rent. Return on cash invested shows 25.51% in year one, and 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 133.36% and total cumulative return in cash records $86,206. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,579/mo property income covering a $954/mo payment rather than investor’s personal income.
Multi Family
Built in 1871
1,481 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18232, Lansford, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,232 (100%) |
| Owner Occupied HU | 971 (43.5%) |
| Renter Occupied HU | 785 (35.2%) |
| Vacant Housing Units | 476 (21.3%) |
| Median Home Value | $55,092 |
| Average Home Value | $113,316 |
Housing Distribution
Address Breakdown
Residential
2,086
Single Family
1,982
Multi-Family
104
Businesses
113
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Listed by: Jake Dunn • TNT Premier Real Estate
Mls Name: GLVR
Mls ID: #770395