224 2nd StLaceyvillePA18623
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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
Rental property for sale in Laceyville at 224 2nd St, Laceyville, PA, 18623 offers $2,004/mo rent that, after a $1,091/mo payment, leaves $543/mo cash flow. Total monthly income is $2,004/mo, and annual cash flow is $6,518/yr on $73,925 cash. Return on cash invested measures 28.73% in year one, and rental yield stands at 10.78% at a $223,000 entry. Equity gained on principal adds $1,439/yr while 5% annual appreciation compounds into $61,611 by year five. Five-year ROI records 150.66% and total cumulative return in cash reaches $111,377. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,004/mo property income versus a $1,091/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1953
1.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18623, Laceyville, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,262 (100%) |
| Owner Occupied HU | 748 (59.3%) |
| Renter Occupied HU | 241 (19.1%) |
| Vacant Housing Units | 273 (21.6%) |
| Median Home Value | $219,000 |
| Average Home Value | $305,127 |
Housing Distribution
Address Breakdown
Residential
1,016
Single Family
1,016
Multi-Family
0
Businesses
51
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Listed by: Pedro 'Peter' Ramos, Sr. • CENTURY 21 Ramos Realty, Inc.
Mls Name: PMAR
Mls ID: #PM-132090