32 1st StHarveys LakePA18618
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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 Harveys Lake at 32 1st St, Harveys Lake, PA, 18618 priced at $219,000 pairs $2,160/mo rent with $725/mo cash flow after a $1,072/mo payment. Total monthly income equals $2,160/mo, and annual cash flow comes to $8,698/yr on $72,599 invested. Return on cash invested is 31.89% in year one, and rental yield stands at 11.84% on a $219,000 basis. Equity gained on principal adds $1,413/yr, and 5% annual appreciation accumulates to $60,506 by year five. Five-year ROI measures 167.59% and total cumulative return in cash reaches $121,665. For financing, Ziffy Mortgage’s DSCR program evaluates $2,160/mo property income against a $1,072/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18618, Harveys Lake, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,088 (100%) |
| Owner Occupied HU | 1,330 (63.7%) |
| Renter Occupied HU | 287 (13.7%) |
| Vacant Housing Units | 471 (22.6%) |
| Median Home Value | $327,864 |
| Average Home Value | $399,957 |
Housing Distribution
Address Breakdown
Residential
1,726
Single Family
1,726
Multi-Family
0
Businesses
62
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Listed by: Kimberly Coffee • ERA One Source Realty
Mls Name: Luzerne County AOR
Mls ID: #25-5532