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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Drums at 365 Long Run Rd, Drums, PA, 18222 offers $2,666/mo rent that, after a $1,957/mo payment, leaves $34/mo cash flow. Total monthly income is $2,666/mo, and annual cash flow is $410/yr on $132,567 cash. Return on cash invested measures 20.22% in year one, and rental yield stands at 8% at a $399,900 entry. Equity gained on principal adds $2,580/yr while 5% annual appreciation compounds into $110,485 by year five. Five-year ROI records 105.04% and total cumulative return in cash reaches $139,244. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,666/mo property income versus a $1,957/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
N/A lot
$N/A/sqft
$140 annually HOA
Neighborhood data shown for ZIP Code: 18222, Drums, PA area.
| 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 |
Residential
4,258
Single Family
4,165
Multi-Family
93
Businesses
165
Date | Event | Price |
|---|---|---|
| 2023-11-26 | Listed for sale | $399,900 |
| 2023-08-01 | Listing removed | N/A |
| 2023-04-28 | Listed for sale | $359,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Gregory Harris • Tuskes Realty
Mls Name: Luzerne County AOR
Mls ID: #23-5667
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.
