28 E Columbus AvePittstonPA18640
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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 28 E Columbus Ave, Pittston, PA, 18640 with 5% annual appreciation on a $299,900 basis while $1,445/mo rent supports operations. 63% in year one. Equity gained on principal adds $1,935/yr, and five-year appreciation sums $82,857 alongside rental yield of 5.78%. Five-year ROI measures 69.65% and total cumulative return in cash totals $69,244. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,445/mo property income versus a $1,468/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1900
6,098 sqft 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: MICHAEL TIGHE • Levy Realty Group
Mls Name: GSBR
Mls Provider:
Mls ID: #SC253075
Disclaimer: Information provided by the Greater Scranton Board of REALTORS MLS. Information is for consumers personal noncommercial use, and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. Consult the specific municipality for permitted Zoning uses.