28 Jay Peak LnZion GrovePA17985
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Zion Grove at 28 Jay Peak Ln, Zion Grove, PA, 17985 priced at $259,000 converts $2,496/mo rent into $707/mo cash flow after a $1,268/mo obligation. Total monthly income equals $2,496/mo, and annual cash flow totals $8,482/yr on $85,859 invested. Return on cash invested prints 29.79% in year one, and rental yield reads 11.56% against a $259,000 entry. Equity gained on principal adds $1,671/yr, while 5% annual appreciation compiles into $71,557 by year five. Five-year ROI reaches 156.75% and total cumulative return in cash sums $134,584. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,496/mo property income covering a $1,268/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.61 Acres lot
$N/A/sqft
$1,100 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17985, Zion Grove, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 936 (100%) |
| Owner Occupied HU | 659 (70.4%) |
| Renter Occupied HU | 106 (11.3%) |
| Vacant Housing Units | 171 (18.3%) |
| Median Home Value | $296,814 |
| Average Home Value | $304,036 |
Housing Distribution
Address Breakdown
Residential
595
Single Family
595
Multi-Family
0
Businesses
13
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Louise Shultz • Century 21 Select Group
Mls Name: Luzerne County AOR
Mls ID: #24-4468
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.