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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Drums at 34 Sleepy Hollow Rd, Drums, PA, 18222 priced at $289,900 converts $2,351/mo rent into $451/mo cash flow after a $1,419/mo obligation. Total monthly income equals $2,351/mo, and annual cash flow totals $5,415/yr on $96,102 invested. Return on cash invested prints 25.54% in year one, and rental yield reads 9.73% against a $289,900 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation compiles into $80,094 by year five. Five-year ROI reaches 133.57% and total cumulative return in cash sums $128,361. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,351/mo property income covering a $1,419/mo payment, not borrower’s personal income.
Single Family
Built in N/A
1.89 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 18222, Drums, PA area.
| 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 |
Residential
4,258
Single Family
4,165
Multi-Family
93
Businesses
165
Date | Event | Price |
|---|---|---|
| 2024-12-14 | Price change | $289,900 |
| 2024-11-26 | Price change | $299,900 |
| 2024-11-11 | Price change | $324,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-08 | $2506.33 | 2.94% | $126,200 | N/A |
| 2022-01-08 | $2434.71 | N/A | $126,200 | N/A |
| 2021-01-08 | $2434.71 | 10.33% | $126,200 | N/A |
Listed by: Jesse Williams • eXp Realty Mountain Top
Mls Name: Luzerne County AOR
Mls ID: #24-5550
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.
