308 W Spruce StTamaquaPA18252
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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 Tamaqua at 308 W Spruce St, Tamaqua, PA, 18252 priced at $190,000 pairs $1,223/mo rent with after a $930/mo payment. Total monthly income equals $1,223/mo. Return on cash invested is 19.49% in year one, and rental yield stands at 7.72% on a $190,000 basis. Equity gained on principal adds $1,226/yr, and 5% annual appreciation accumulates to $52,494 by year five. Five-year ROI measures 101.05% and total cumulative return in cash reaches $63,648. For financing, Ziffy Mortgage’s DSCR program evaluates $1,223/mo property income against a $930/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1942
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18252, Tamaqua, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,486 (100%) |
| Owner Occupied HU | 3,353 (61.1%) |
| Renter Occupied HU | 1,356 (24.7%) |
| Vacant Housing Units | 777 (14.2%) |
| Median Home Value | $183,813 |
| Average Home Value | $211,844 |
Housing Distribution
Address Breakdown
Residential
4,949
Single Family
4,634
Multi-Family
315
Businesses
391
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Listed by: Michele Mazur • Keller Williams Allentown
Mls Name: GLVR
Mls Provider:
Mls ID: #753942
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.