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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Drums at 248 Avalanche Ln, Drums, PA, 18222 priced at $280,000 converts $2,636/mo rent into $802/mo cash flow after a $1,370/mo obligation. Total monthly income equals $2,636/mo, and annual cash flow totals $9,620/yr on $92,820 invested. Return on cash invested prints 30.27% in year one, and rental yield reads 11.3% against a $280,000 entry. Equity gained on principal adds $1,807/yr, while 5% annual appreciation compiles into $77,359 by year five. Five-year ROI reaches 158.91% and total cumulative return in cash sums $147,501. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,636/mo property income covering a $1,370/mo payment, not borrower’s personal income.
Single Family
Built in 2008
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 18222, Drums, PA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,237 (100%) |
| Owner Occupied HU | 3,341 (78.9%) |
| Renter Occupied HU | 519 (12.2%) |
| Vacant Housing Units | 377 ( 8.9%) |
| Median Home Value | $276,287 |
| Average Home Value | $294,507 |
Residential
4,258
Single Family
4,165
Multi-Family
93
Businesses
165
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jeffrey Gustinucci • Coldwell Banker Town & Country Properties
Mls Name: Luzerne County AOR
Mls ID: #25-4531
