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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Pittston at 3 Law St, Pittston, PA, 18640 priced at $249,900 converts $2,298/mo rent into $661/mo cash flow after a $1,223/mo obligation. Total monthly income equals $2,298/mo, and annual cash flow totals $7,927/yr on $82,842 invested. Return on cash invested prints 29.48% in year one, and rental yield reads 11.03% against a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation compiles into $69,043 by year five. Five-year ROI reaches 154.65% and total cumulative return in cash sums $128,114. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,298/mo property income covering a $1,223/mo payment, not borrower’s personal income.
Single Family
Built in 1900
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 18640, Pittston, PA area.
| 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 |
Residential
7,836
Single Family
7,327
Multi-Family
509
Businesses
756
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Bill Williams • Jonathan J. Nelson Real Estate
Mls Name: Luzerne County AOR
Mls ID: #25-4274
