309 Clinton StForest CityPA18421
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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
Investment property for sale in Forest City at 309 Clinton St, Forest City, PA, 18421 at $129,900 posts ROI 49.32% with $1,056/mo cash flow from $1,907/mo rent. Total monthly income equals $1,907/mo, and annual cash flow records $12,667/yr on $43,062 to close. Return on cash invested measures 49.32% and rental yield reads 17.62% at the current $129,900. Equity gained on principal adds $838/yr, and 5% annual appreciation supports $35,889 by year five. Five-year ROI prints 261.1% and total cumulative return in cash totals $112,435.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,907/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1912
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18421, Forest City, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,263 (100%) |
| Owner Occupied HU | 1,400 (61.9%) |
| Renter Occupied HU | 471 (20.8%) |
| Vacant Housing Units | 392 (17.3%) |
| Median Home Value | $220,465 |
| Average Home Value | $273,734 |
Housing Distribution
Address Breakdown
Residential
2,000
Single Family
1,947
Multi-Family
53
Businesses
121
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Listed by: Julie Ann Warfield • Davis R. Chant Honesdale
Mls Name: PWAR
Mls Provider:
Mls ID: #PW243393
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.