36 E Ridge StSummit HillPA18250
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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 Summit Hill at 36 E Ridge St, Summit Hill, PA, 18250 listed at $165,000 pairs $1,812/mo rent with a $808/mo payment to leave $730/mo cash flow. Total monthly income runs $1,812/mo, and annual cash flow reaches $8,764/yr on $54,698 cash to close. Return on cash invested measures 35.93% in year one, and rental yield registers 13.18% at a $165,000 basis. Equity gained on principal adds $1,065/yr, and annual property appreciation at 5% supports $45,586 by year five. Five-year ROI tracks 189.29% and total cumulative return in cash totals $103,535. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,812/mo property income relative to a $808/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in N/A
2,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18250, Summit Hill, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,559 (100%) |
| Owner Occupied HU | 1,031 (66.1%) |
| Renter Occupied HU | 340 (21.8%) |
| Vacant Housing Units | 188 (12.1%) |
| Median Home Value | $120,543 |
| Average Home Value | $169,440 |
Housing Distribution
Address Breakdown
Residential
1,335
Single Family
1,302
Multi-Family
33
Businesses
62
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Listed by: Robert Arias • Wychock Real Estate, LLC
Mls Name: Luzerne County AOR
Mls ID: #24-4480
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.