24 Upper Cease LnHarveys LakePA18618
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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 Harveys Lake at 24 Upper Cease Ln, Harveys Lake, PA, 18618 offers $3,247/mo rent that, after a $1,684/mo payment, leaves $993/mo cash flow. Total monthly income is $3,247/mo, and annual cash flow is $11,910/yr on $114,036 cash. Return on cash invested measures 30.35% in year one, and rental yield stands at 11.33% at a $344,000 entry. Equity gained on principal adds $2,220/yr while 5% annual appreciation compounds into $95,041 by year five. Five-year ROI records 159.34% and total cumulative return in cash reaches $181,706. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,247/mo property income versus a $1,684/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18618, Harveys Lake, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,088 (100%) |
| Owner Occupied HU | 1,330 (63.7%) |
| Renter Occupied HU | 287 (13.7%) |
| Vacant Housing Units | 471 (22.6%) |
| Median Home Value | $327,864 |
| Average Home Value | $399,957 |
Housing Distribution
Address Breakdown
Residential
1,726
Single Family
1,726
Multi-Family
0
Businesses
62
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Listed by: Michael Nastasiak • ERA One Source Realty CS
Mls Name: Luzerne County AOR
Mls ID: #25-3467