312 Charles StOld ForgePA18518
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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 Old Forge at 312 Charles St, Old Forge, PA, 18518 offers a 9.84% rental yield on a $190,000 purchase with $1,558/mo rent. Total monthly income registers $1,558/mo, and a $930/mo payment leaves $313/mo available for distribution. Annual cash flow reaches $3,755/yr on $62,985 to close, and return on cash invested stands at 25.87% in year one. Equity gained on principal adds $1,226/yr while 5% annual appreciation supports $52,494 over five years. Portfolio math shows five-year ROI at 135.29% and total cumulative return in cash at $85,212. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,558/mo property income against a $930/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18518, Old Forge, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,227 (100%) |
| Owner Occupied HU | 2,570 (60.8%) |
| Renter Occupied HU | 1,253 (29.6%) |
| Vacant Housing Units | 404 ( 9.6%) |
| Median Home Value | $197,125 |
| Average Home Value | $245,108 |
Housing Distribution
Address Breakdown
Residential
4,012
Single Family
3,982
Multi-Family
30
Businesses
220
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Listed by: Edward Elliott • RPA Real Estate
Mls Name: Luzerne County AOR
Mls ID: #25-2360
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.