27 Marina DrHarveys 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
Investment property for sale in Harveys Lake at 27 Marina Dr, Harveys Lake, PA, 18618 offers a 8.24% rental yield on a $359,900 purchase with $2,472/mo rent. Total monthly income registers $2,472/mo, and a $1,762/mo payment leaves $113/mo available for distribution. Annual cash flow reaches $1,358/yr on $119,307 to close, and return on cash invested stands at 21.05% in year one. Equity gained on principal adds $2,322/yr while 5% annual appreciation supports $99,434 over five years. Portfolio math shows five-year ROI at 109.46% and total cumulative return in cash at $130,598. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,472/mo property income against a $1,762/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2004
4,356 sqft 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: Olivia Chopka • Lewith & Freeman, Shavertown
Mls Name: Luzerne County AOR
Mls ID: #25-4293