338 E Centre StMahanoy 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
Investment property for sale in Mahanoy City at 338 E Centre St, Mahanoy City, PA, 17948 listed at $194,000 pairs $1,440/mo rent with a $950/mo payment to leave $168/mo cash flow. Total monthly income runs $1,440/mo, and annual cash flow reaches $2,019/yr on $64,311 cash to close. Return on cash invested measures 23.05% in year one, and rental yield registers 8.91% at a $194,000 basis. Equity gained on principal adds $1,252/yr, and annual property appreciation at 5% supports $53,599 by year five. Five-year ROI tracks 120.22% and total cumulative return in cash totals $77,312. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,440/mo property income relative to a $950/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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