270 Miller StLuzernePA18709
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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 Luzerne at 270 Miller St, Luzerne, PA, 18709 with 5% annual appreciation on a $200,700 basis while $1,920/mo rent supports operations. Total monthly income totals $1,920/mo and a $982/mo payment preserves $605/mo for cash returns. Annual cash flow comes to $7,262/yr on $66,532 deployed, and return on cash invested reaches 30.82% in year one. Equity gained on principal adds $1,295/yr, and five-year appreciation sums $55,450 alongside rental yield of 11.48%. Five-year ROI measures 161.91% and total cumulative return in cash totals $107,724.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,920/mo property income versus a $982/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18709, Luzerne, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,577 (100%) |
| Owner Occupied HU | 796 (50.5%) |
| Renter Occupied HU | 588 (37.3%) |
| Vacant Housing Units | 193 (12.2%) |
| Median Home Value | $153,198 |
| Average Home Value | $180,980 |
Housing Distribution
Address Breakdown
Residential
1,426
Single Family
1,312
Multi-Family
114
Businesses
187
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Listed by: N/A • N/A
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