260 Market StPittstonPA18640
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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 Pittston at 260 Market St, Pittston, PA, 18640 listed at $168,500 pairs $1,771/mo rent with a $825/mo payment to leave $667/mo cash flow. Total monthly income runs $1,771/mo, and annual cash flow reaches $7,999/yr on $55,858 cash to close. Return on cash invested measures 34.23% in year one, and rental yield registers 12.61% at a $168,500 basis. Equity gained on principal adds $1,087/yr, and annual property appreciation at 5% supports $46,553 by year five. Five-year ROI tracks 180.15% and total cumulative return in cash totals $100,626. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,771/mo property income relative to a $825/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18640, Pittston, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,507 (100%) |
| Owner Occupied HU | 4,971 (58.4%) |
| Renter Occupied HU | 2,557 (30.1%) |
| Vacant Housing Units | 979 (11.5%) |
| Median Home Value | $213,752 |
| Average Home Value | $242,796 |
Housing Distribution
Address Breakdown
Residential
7,836
Single Family
7,327
Multi-Family
509
Businesses
756
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Listed by: Jill Hiscox • Lewith & Freeman, Shavertown
Mls Name: Luzerne County AOR
Mls ID: #24-5646
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.