338 E Centre St #2Mahanoy CityPA17948
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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 Mahanoy City at 338 E Centre St #2, Mahanoy City, PA, 17948 generates $1,440/mo in rent and, after a $950/mo payment, leaves $168/mo in cash flow. Total monthly income is $1,440/mo, and annual cash flow is $2,019/yr on $64,311 invested. Return on cash invested sits at 23.05% in year one, and rental yield is 8.91% on a $194,000 entry. Equity gained on principal adds $1,252/yr, while 5% annual appreciation builds toward $53,599 over five years. Five-year ROI reaches 120.22% and total cumulative return in cash sums $77,312. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,440/mo property income rather than buyer’s personal income.
Multi Family
Built in 1920
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17948, Mahanoy City, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,583 (100%) |
| Owner Occupied HU | 1,272 (49.2%) |
| Renter Occupied HU | 516 (20.0%) |
| Vacant Housing Units | 795 (30.8%) |
| Median Home Value | $41,429 |
| Average Home Value | $185,674 |
Housing Distribution
Address Breakdown
Residential
2,022
Single Family
1,895
Multi-Family
127
Businesses
133
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Listed by: Mary Amodea • Pocono Mountain Lakes Realty - Blakeslee
Mls Name: PMAR
Mls ID: #PM-134647