294 State Route 4002LaceyvillePA18623
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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 Laceyville at 294 State Route 4002, Laceyville, PA, 18623 uses $81,218 cash to close to unlock $1,497/yr annual cash flow and $125/mo monthly cash flow. Total monthly income runs $1,730/mo, and a $1,199/mo payment keeps the spread at $125/mo. Purchase price stands at $245,000, and rental yield measures 8.47% with $1,730/mo rent. Return on cash invested shows 21.75% in year one, and 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 113.21% and total cumulative return in cash records $91,944. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,730/mo property income covering a $1,199/mo payment rather than investor’s personal income.
Single Family
Built in 1971
16.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18623, Laceyville, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,262 (100%) |
| Owner Occupied HU | 748 (59.3%) |
| Renter Occupied HU | 241 (19.1%) |
| Vacant Housing Units | 273 (21.6%) |
| Median Home Value | $219,000 |
| Average Home Value | $305,127 |
Housing Distribution
Address Breakdown
Residential
1,016
Single Family
1,016
Multi-Family
0
Businesses
51
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Listed by: Mackenzie Martin • Century 21 Jackson Real Estate - Towanda
Mls Name: Northern Mountains of Pennsylvania MLS
Mls Provider:
Mls ID: #31722480
Disclaimer: Copyright North Central Penn Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.