317 Melrose StMarion HeightsPA17832
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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 Marion Heights at 317 Melrose St, Marion Heights, PA, 17832 uses $38,653 cash to close to unlock $1,352/yr annual cash flow and $113/mo monthly cash flow. Total monthly income runs $877/mo, and a $571/mo payment keeps the spread at $113/mo. Purchase price stands at $116,600, and rental yield measures 9.03% with $877/mo rent. Return on cash invested shows 23.41% in year one, and 5% annual appreciation builds toward $32,214 over five years. Five-year ROI reaches 122.09% and total cumulative return in cash records $47,192. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $877/mo property income covering a $571/mo payment rather than investor’s personal income.
Single Family
Built in N/A
3,072 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17832, Marion Heights, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 313 (100%) |
| Owner Occupied HU | 223 (71.2%) |
| Renter Occupied HU | 31 ( 9.9%) |
| Vacant Housing Units | 59 (18.8%) |
| Median Home Value | $100,521 |
| Average Home Value | $147,803 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
5
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Listed by: Anthony Pimentel • Pecora Realtor, P.C.
Mls Name: Luzerne County AOR
Mls ID: #25-3779
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.