224 Ohio AveShenandoahPA17976
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 Shenandoah at 224 Ohio Ave, Shenandoah, PA, 17976 uses $53,040 cash to close to unlock $2,168/yr annual cash flow and $181/mo monthly cash flow. Total monthly income runs $1,229/mo, and a $783/mo payment keeps the spread at $181/mo. Purchase price stands at $159,999, and rental yield measures 9.22% with $1,229/mo rent. Return on cash invested shows 24% in year one, and 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 125.27% and total cumulative return in cash records $66,445. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,229/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 1921
1,700 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17976, Shenandoah, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,381 (100%) |
| Owner Occupied HU | 1,751 (51.8%) |
| Renter Occupied HU | 778 (23.0%) |
| Vacant Housing Units | 852 (25.2%) |
| Median Home Value | $57,944 |
| Average Home Value | $123,284 |
Housing Distribution
Address Breakdown
Residential
2,740
Single Family
2,643
Multi-Family
97
Businesses
190
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Victor Luna • VRA Realty
Mls Name: Luzerne County AOR
Mls ID: #25-5529