354 Centre StFreelandPA18224
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Freeland at 354 Centre St, Freeland, PA, 18224 offers $816/mo rent that, after a $514/mo payment, leaves $128/mo cash flow. Total monthly income is $816/mo, and annual cash flow is $1,534/yr on $34,808 cash. Return on cash invested measures 24.32% in year one, and rental yield stands at 9.33% at a $105,000 entry. Equity gained on principal adds $678/yr while 5% annual appreciation compounds into $29,010 by year five. Five-year ROI records 126.98% and total cumulative return in cash reaches $44,198. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $816/mo property income versus a $514/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
1,920 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: #25-4384