37 Luzerne AveDallasPA18612
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 Dallas at 37 Luzerne Ave, Dallas, PA, 18612 priced at $185,000 pairs $1,451/mo rent with $227/mo cash flow after a $905/mo payment. Total monthly income equals $1,451/mo, and annual cash flow comes to $2,726/yr on $61,328 invested. Return on cash invested is 24.35% in year one, and rental yield stands at 9.41% on a $185,000 basis. Equity gained on principal adds $1,194/yr, and 5% annual appreciation accumulates to $51,112 by year five. Five-year ROI measures 127.31% and total cumulative return in cash reaches $78,075. For financing, Ziffy Mortgage’s DSCR program evaluates $1,451/mo property income against a $905/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
3,378 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18612, Dallas, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,726 (100%) |
| Owner Occupied HU | 4,932 (73.3%) |
| Renter Occupied HU | 1,244 (18.5%) |
| Vacant Housing Units | 550 ( 8.2%) |
| Median Home Value | $312,202 |
| Average Home Value | $344,161 |
Housing Distribution
Address Breakdown
Residential
6,569
Single Family
6,236
Multi-Family
333
Businesses
468
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Listed by: Terry Eckert • Classic Properties Kingston
Mls Name: Luzerne County AOR
Mls ID: #25-1448
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.