308 E Dorrance StKingstonPA18704
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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
Rental property for sale in Kingston at 308 E Dorrance St, Kingston, PA, 18704 priced at $360,000 pairs $2,363/mo rent with $4/mo cash flow after a $1,762/mo payment. Total monthly income equals $2,363/mo, and annual cash flow comes to $48/yr on $119,340 invested. Return on cash invested is 19.95% in year one, and rental yield stands at 7.88% on a $360,000 basis. Equity gained on principal adds $2,323/yr, and 5% annual appreciation accumulates to $99,461 by year five. Five-year ROI measures 103.53% and total cumulative return in cash reaches $123,549. For financing, Ziffy Mortgage’s DSCR program evaluates $2,363/mo property income against a $1,762/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1970
5,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18704, Kingston, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,612 (100%) |
| Owner Occupied HU | 8,304 (53.2%) |
| Renter Occupied HU | 5,805 (37.2%) |
| Vacant Housing Units | 1,503 ( 9.6%) |
| Median Home Value | $186,091 |
| Average Home Value | $218,731 |
Housing Distribution
Address Breakdown
Residential
14,509
Single Family
13,233
Multi-Family
1,276
Businesses
1,289
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Listed by: Brooke Perrego • Lewith & Freeman, Shavertown
Mls Name: Luzerne County AOR
Mls ID: #25-4204