350 Centre StFreelandPA18224
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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 Freeland at 350 Centre St, Freeland, PA, 18224 listed at $229,900 pairs $1,452/mo rent with a $1,125/mo payment. Total monthly income runs $1,452/mo. Return on cash invested measures 19.05% in year one, and rental yield registers 7.58% at a $229,900 basis. Equity gained on principal adds $1,484/yr, and annual property appreciation at 5% supports $63,517 by year five. Five-year ROI tracks 98.74% and total cumulative return in cash totals $75,251. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,452/mo property income relative to a $1,125/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in N/A
8,060 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18224, Freeland, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,199 (100%) |
| Owner Occupied HU | 1,957 (61.2%) |
| Renter Occupied HU | 855 (26.7%) |
| Vacant Housing Units | 387 (12.1%) |
| Median Home Value | $141,635 |
| Average Home Value | $168,710 |
Housing Distribution
Address Breakdown
Residential
2,918
Single Family
2,800
Multi-Family
118
Businesses
132
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Listed by: Enyely Orlando Pena Mejia • Aggressive Realty & Rentals, LLC
Mls Name: Luzerne County AOR
Mls ID: #25-4383