276 Erie StHonesdalePA18431
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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 Honesdale at 276 Erie St, Honesdale, PA, 18431 with 5% annual appreciation on a $129,000 basis while $1,002/mo rent supports operations. Total monthly income totals $1,002/mo and a $631/mo payment preserves $157/mo for cash returns. Annual cash flow comes to $1,885/yr on $42,764 deployed, and return on cash invested reaches 24.32% in year one. Equity gained on principal adds $832/yr, and five-year appreciation sums $35,640 alongside rental yield of 9.32%. Five-year ROI measures 127.06% and total cumulative return in cash totals $54,337.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,002/mo property income versus a $631/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1869
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18431, Honesdale, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,892 (100%) |
| Owner Occupied HU | 4,149 (60.2%) |
| Renter Occupied HU | 1,582 (23.0%) |
| Vacant Housing Units | 1,161 (16.8%) |
| Median Home Value | $257,867 |
| Average Home Value | $318,571 |
Housing Distribution
Address Breakdown
Residential
5,828
Single Family
5,731
Multi-Family
97
Businesses
725
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Listed by: Diana L Blume • Davis R. Chant - Milford
Mls Name: PWAR
Mls ID: #PW253118