303 Lamont WayTobyhannaPA18466
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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 303 Lamont Way, Tobyhanna, PA, 18466 priced at $268,500 pairs $2,642/mo rent with $883/mo cash flow after a $1,314/mo payment. Total monthly income equals $2,642/mo, and annual cash flow comes to $10,593/yr on $89,008 invested. Return on cash invested is 31.81% in year one, and rental yield stands at 11.81% on a $268,500 basis. Equity gained on principal adds $1,733/yr, and 5% annual appreciation accumulates to $74,182 by year five. Five-year ROI measures 167.13% and total cumulative return in cash reaches $148,762. For financing, Ziffy Mortgage’s DSCR program evaluates $2,642/mo property income against a $1,314/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1989
0.30 Acres 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: David M Sweeney • USRealty.com,LLP
Mls Name: PMAR
Mls ID: #PM-130668