2914 Fairhaven DrTobyhannaPA18466
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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 Tobyhanna at 2914 Fairhaven Dr, Tobyhanna, PA, 18466 priced at $329,900 converts $2,321/mo rent into $159/mo cash flow after a $1,615/mo obligation. Total monthly income equals $2,321/mo, and annual cash flow totals $1,907/yr on $109,362 invested. Return on cash invested prints 21.65% in year one, and rental yield reads 8.44% against a $329,900 entry. Equity gained on principal adds $2,129/yr, while 5% annual appreciation compiles into $91,145 by year five. Five-year ROI reaches 112.65% and total cumulative return in cash sums $123,195. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,321/mo property income covering a $1,615/mo payment, not borrower’s personal income.
Single Family
Built in 1985
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18466, Tobyhanna, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,979 (100%) |
| Owner Occupied HU | 4,432 (55.5%) |
| Renter Occupied HU | 1,472 (18.4%) |
| Vacant Housing Units | 2,075 (26.0%) |
| Median Home Value | $236,760 |
| Average Home Value | $274,196 |
Housing Distribution
Address Breakdown
Residential
6,751
Single Family
4,779
Multi-Family
1,972
Businesses
146
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Listed by: Kacey Conaty • Wilkins and Associates Real Estate INC
Mls Name: Bright MLS
Mls ID: #PAMR2005654