324 Long Run RdDrumsPA18222
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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 Drums at 324 Long Run Rd, Drums, PA, 18222 earns from $2,546/mo rent with a $1,957/mo payment. Total monthly income totals $2,546/mo. ROI tracks 19.13% on current figures, and rental yield reads 7.64% at a $399,900 purchase. Equity gained on principal adds $2,580/yr, and 5% annual appreciation supports $110,485 over five years. Five-year ROI reaches 99.22% and total cumulative return in cash sums $131,528. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,546/mo property income instead of your personal income.
Single Family
Built in 2023
0.30 Acres lot
$N/A/sqft
$140 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18222, Drums, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,237 (100%) |
| Owner Occupied HU | 3,341 (78.9%) |
| Renter Occupied HU | 519 (12.2%) |
| Vacant Housing Units | 377 ( 8.9%) |
| Median Home Value | $276,287 |
| Average Home Value | $294,507 |
Housing Distribution
Address Breakdown
Residential
4,258
Single Family
4,165
Multi-Family
93
Businesses
165
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Listed by: Joyce Rowlands • Lewith & Freeman, Drums
Mls Name: Luzerne County AOR
Mls ID: #24-3840
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.