239 Kelly StLuzernePA18709
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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 Luzerne at 239 Kelly St, Luzerne, PA, 18709 uses $69,947 cash to close to unlock $1,142/yr annual cash flow and $95/mo monthly cash flow. Total monthly income runs $1,486/mo, and a $1,033/mo payment keeps the spread at $95/mo. Purchase price stands at $211,000, and rental yield measures 8.45% with $1,486/mo rent. Return on cash invested shows 21.54% in year one, and 5% annual appreciation builds toward $58,295 over five years. Five-year ROI reaches 112.19% and total cumulative return in cash records $78,473. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,486/mo property income covering a $1,033/mo payment rather than investor’s personal income.
Multi Family
Built in N/A
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18709, Luzerne, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,577 (100%) |
| Owner Occupied HU | 796 (50.5%) |
| Renter Occupied HU | 588 (37.3%) |
| Vacant Housing Units | 193 (12.2%) |
| Median Home Value | $153,198 |
| Average Home Value | $180,980 |
Housing Distribution
Address Breakdown
Residential
1,426
Single Family
1,312
Multi-Family
114
Businesses
187
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Listed by: N/A • N/A
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