304 Forest DrHawleyPA18438
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Nearby investment properties with comparable prices
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 Hawley at 304 Forest Dr, Hawley, PA, 18438 offers a 8.11% rental yield on a $299,000 purchase with $2,021/mo rent. Total monthly income registers $2,021/mo, and a $1,463/mo payment leaves $62/mo available for distribution. Annual cash flow reaches $746/yr on $99,119 to close, and return on cash invested stands at 20.66% in year one. Equity gained on principal adds $1,929/yr while 5% annual appreciation supports $82,608 over five years. Portfolio math shows five-year ROI at 107.4% and total cumulative return in cash at $106,450. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,021/mo property income against a $1,463/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
1.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18438, Lakeville, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,665 (100%) |
| Owner Occupied HU | 530 (31.8%) |
| Renter Occupied HU | 84 ( 5.0%) |
| Vacant Housing Units | 1,051 (63.1%) |
| Median Home Value | $358,955 |
| Average Home Value | $467,962 |
Housing Distribution
Address Breakdown
Residential
917
Single Family
917
Multi-Family
0
Businesses
36
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Listed by: Christopher J. Carr • Simple Choice Realty INC., DBA HomeZu
Mls Name: PWAR
Mls ID: #PW252986