355 Baltimore AveWest PittstonPA18643
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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 West Pittston at 355 Baltimore Ave, West Pittston, PA, 18643 uses $66,267 cash to close to unlock $2,382/yr annual cash flow and $199/mo monthly cash flow. Total monthly income runs $1,508/mo, and a $978/mo payment keeps the spread at $199/mo. Purchase price stands at $199,900, and rental yield measures 9.05% with $1,508/mo rent. Return on cash invested shows 23.5% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 122.61% and total cumulative return in cash records $81,253. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,508/mo property income covering a $978/mo payment rather than investor’s personal income.
Single Family
Built in 1904
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18643, Pittston, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,924 (100%) |
| Owner Occupied HU | 3,699 (62.4%) |
| Renter Occupied HU | 1,632 (27.5%) |
| Vacant Housing Units | 593 (10.0%) |
| Median Home Value | $222,579 |
| Average Home Value | $244,674 |
Housing Distribution
Address Breakdown
Residential
5,685
Single Family
5,548
Multi-Family
137
Businesses
311
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Listed by: Darlene M Dalessandro • Next Door Real Estate LLC
Mls Name: GSBR
Mls ID: #SC252793