37 Montgomery AveWest PittstonPA18643
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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 West Pittston at 37 Montgomery Ave, West Pittston, PA, 18643 priced at $479,000 converts $4,075/mo rent into $937/mo cash flow after a $2,344/mo obligation. Total monthly income equals $4,075/mo, and annual cash flow totals $11,240/yr on $158,789 invested. Return on cash invested prints 26.99% in year one, and rental yield reads 10.21% against a $479,000 entry. Equity gained on principal adds $3,091/yr, while 5% annual appreciation compiles into $132,339 by year five. Five-year ROI reaches 141.28% and total cumulative return in cash sums $224,331. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,075/mo property income covering a $2,344/mo payment, not borrower’s personal income.
Single Family
Built in 1892
10,000 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: Lu-Ann Sperrazza • Realty Network Group
Mls Name: Luzerne County AOR
Mls ID: #25-3578