3046 Old Plank RdTowandaPA18848
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderHigh DSCR is a competitive advantage at closing. 3046 Old Plank Rd, Towanda, PA, 18848 in Towanda achieves 2.04, rent of $4,134/mo covers the $2,023/mo payment 1.5x over at $450,000. Rental yield 7.25%. That makes it both an efficient operational hold and a straightforward underwrite for Ziffy Mortgage's DSCR program. No domestic credit history or income documentation required. Appreciation at 5%/yr adds $124,327 over five years, with $4,145/yr in principal reduction bringing total projected return to $247,644.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 7.3% | 6.2% |
| Monthly Cash Flow | $(230) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $4,134 |
| Total Monthly Debt Service | $2,770 |
| DSCR Ratio | 1.49x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1972
18.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18848, Towanda, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,355 (100%) |
| Owner Occupied HU | 2,544 (58.4%) |
| Renter Occupied HU | 1,141 (26.2%) |
| Vacant Housing Units | 670 (15.4%) |
| Median Home Value | $203,239 |
| Average Home Value | $234,457 |
Housing Distribution
Address Breakdown
Residential
3,914
Single Family
3,655
Multi-Family
259
Businesses
361
Nearby investment properties with comparable rents
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
Single Family
Built in 1972
18.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18848, Towanda, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,355 (100%) |
| Owner Occupied HU | 2,544 (58.4%) |
| Renter Occupied HU | 1,141 (26.2%) |
| Vacant Housing Units | 670 (15.4%) |
| Median Home Value | $203,239 |
| Average Home Value | $234,457 |
Housing Distribution
Address Breakdown
Residential
3,914
Single Family
3,655
Multi-Family
259
Businesses
361
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lacey Maryott • Century 21 Signature Properties
Mls Name: Luzerne County AOR
Mls ID: #25-2659
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.