28 Reserve DrDrumsPA18222
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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 Drums at 28 Reserve Dr, Drums, PA, 18222 uses $120,998 cash to close to unlock $8,661/yr annual cash flow and $722/mo monthly cash flow. Total monthly income runs $3,113/mo, and a $1,786/mo payment keeps the spread at $722/mo. Purchase price stands at $365,000, and rental yield measures 10.23% with $3,113/mo rent. Return on cash invested shows 27.07% in year one, and 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 141.7% and total cumulative return in cash records $171,451. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,113/mo property income covering a $1,786/mo payment rather than investor’s personal income.
Condo
Built in 2018
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18222, Drums, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,237 (100%) |
| Owner Occupied HU | 3,341 (78.9%) |
| Renter Occupied HU | 519 (12.2%) |
| Vacant Housing Units | 377 ( 8.9%) |
| Median Home Value | $276,287 |
| Average Home Value | $294,507 |
Housing Distribution
Address Breakdown
Residential
4,258
Single Family
4,165
Multi-Family
93
Businesses
165
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Listed by: Eric Grenkevich • Lewith & Freeman, Drums
Mls Name: Luzerne County AOR
Mls ID: #26-89