223 Mahanoy StNurembergPA18241
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 Nuremberg at 223 Mahanoy St, Nuremberg, PA, 18241 with 5% annual appreciation on a $250,000 basis while $2,075/mo rent supports operations. Total monthly income totals $2,075/mo and a $1,224/mo payment preserves $436/mo for cash returns. Annual cash flow comes to $5,237/yr on $82,875 deployed, and return on cash invested reaches 26.23% in year one. Equity gained on principal adds $1,613/yr, and five-year appreciation sums $69,070 alongside rental yield of 9.96%. Five-year ROI measures 137.25% and total cumulative return in cash totals $113,746.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,075/mo property income versus a $1,224/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1930
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18241, Nuremberg, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18 (100%) |
| Owner Occupied HU | 15 (83.3%) |
| Renter Occupied HU | 2 (11.1%) |
| Vacant Housing Units | 1 ( 5.6%) |
| Median Home Value | $350,000 |
| Average Home Value | $412,500 |
Housing Distribution
Address Breakdown
Residential
94
Single Family
94
Multi-Family
0
Businesses
21
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joseph Mazzola • Action Real Estate
Mls Name: Luzerne County AOR
Mls ID: #25-4366