363 Sugarloaf Heights RdDrumsPA18222
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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 Drums at 363 Sugarloaf Heights Rd, Drums, PA, 18222 with 5% annual appreciation on a $379,999 basis while $2,782/mo rent supports operations. Total monthly income totals $2,782/mo and a $1,860/mo payment preserves $292/mo for cash returns. Annual cash flow comes to $3,502/yr on $125,970 deployed, and return on cash invested reaches 22.69% in year one. Equity gained on principal adds $2,452/yr, and five-year appreciation sums $104,987 alongside rental yield of 8.79%. Five-year ROI measures 118.21% and total cumulative return in cash totals $148,908.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,782/mo property income versus a $1,860/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1998
5.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18222, Drums, PA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
4,258
Single Family
4,165
Multi-Family
93
Businesses
165
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Listed by: Anthony Ficarra • eXp Realty Philadelphia
Mls Name: Luzerne County AOR
Mls ID: #24-5203
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.