257 E Ridge StNanticokePA18634
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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 Nanticoke at 257 E Ridge St, Nanticoke, PA, 18634 offers a 9.26% rental yield on a $134,900 purchase with $1,041/mo rent. Total monthly income registers $1,041/mo, and a $660/mo payment leaves $157/mo available for distribution. Annual cash flow reaches $1,887/yr on $44,719 to close, and return on cash invested stands at 24.13% in year one. Equity gained on principal adds $870/yr while 5% annual appreciation supports $37,270 over five years. Portfolio math shows five-year ROI at 126.02% and total cumulative return in cash at $56,357. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,041/mo property income against a $660/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
3,485 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18634, Nanticoke, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,194 (100%) |
| Owner Occupied HU | 3,727 (51.8%) |
| Renter Occupied HU | 2,420 (33.6%) |
| Vacant Housing Units | 1,047 (14.6%) |
| Median Home Value | $151,725 |
| Average Home Value | $173,417 |
Housing Distribution
Address Breakdown
Residential
6,400
Single Family
6,066
Multi-Family
334
Businesses
298
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Listed by: Christopher Carr • HomeZu
Mls Name: Luzerne County AOR
Mls ID: #25-4937