273 School StHarveys 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
Rental property for sale in Harveys Lake at 273 School St, Harveys Lake, PA, 18618 priced at $215,000 converts $1,426/mo rent into $17/mo cash flow after a $1,052/mo obligation. Total monthly income equals $1,426/mo, and annual cash flow totals $210/yr on $71,273 invested. Return on cash invested prints 20.2% in year one, and rental yield reads 7.96% against a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation compiles into $59,401 by year five. Five-year ROI reaches 104.93% and total cumulative return in cash sums $74,785. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,426/mo property income covering a $1,052/mo payment, not borrower’s personal income.
Single Family
Built in N/A
4,500 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: Cynthia King • Berkshire Hathaway HomeServices Poggi, REALTORS
Mls Name: Luzerne County AOR
Mls ID: #25-4484
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.