306 Erie StWhite HavenPA18661
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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 White Haven at 306 Erie St, White Haven, PA, 18661 generates $1,528/mo in rent and, after a $930/mo payment, leaves $283/mo in cash flow. Total monthly income is $1,528/mo, and annual cash flow is $3,395/yr on $62,985 invested. Return on cash invested sits at 25.3% in year one, and rental yield is 9.65% on a $190,000 entry. Equity gained on principal adds $1,226/yr, while 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 132.2% and total cumulative return in cash sums $83,268. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,528/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18661, White Haven, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,246 (100%) |
| Owner Occupied HU | 2,099 (64.7%) |
| Renter Occupied HU | 331 (10.2%) |
| Vacant Housing Units | 816 (25.1%) |
| Median Home Value | $267,490 |
| Average Home Value | $293,311 |
Housing Distribution
Address Breakdown
Residential
2,619
Single Family
2,592
Multi-Family
27
Businesses
135
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Listed by: Barb Gorman • Weichert Realtors - Allentown
Mls Name: GLVR
Mls ID: #761023