386 Hickory StCrescoPA18326
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 Cresco at 386 Hickory St, Cresco, PA, 18326 priced at $249,500 converts $3,090/mo rent into $1,455/mo cash flow after a $1,221/mo obligation. Total monthly income equals $3,090/mo, and annual cash flow totals $17,463/yr on $82,709 invested. Return on cash invested prints 41.02% in year one, and rental yield reads 14.86% against a $249,500 entry. Equity gained on principal adds $1,610/yr, while 5% annual appreciation compiles into $68,932 by year five. Five-year ROI reaches 216.58% and total cumulative return in cash sums $179,133. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,090/mo property income covering a $1,221/mo payment, not borrower’s personal income.
Single Family
Built in 1972
0.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18326, Cresco, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,725 (100%) |
| Owner Occupied HU | 1,604 (58.9%) |
| Renter Occupied HU | 527 (19.3%) |
| Vacant Housing Units | 594 (21.8%) |
| Median Home Value | $282,562 |
| Average Home Value | $346,161 |
Housing Distribution
Address Breakdown
Residential
2,174
Single Family
2,104
Multi-Family
70
Businesses
107
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stephanie Benjamin • Classic Properties - Mountainhome
Mls Name: PMAR
Mls Provider:
Mls ID: #PM-115157
Disclaimer: The data relating to real estate for sale on this web site includes listings held by MLS-IDX Participants of the Internet Data Exchange program of the Multiple Listing Service of the Pocono Mountains Association of Realtors. Listings marked with the Internet Data Exchange logo are not necessarilty the listings of the owner of this web site. All listing data is the copyrighted property of the aforesaid Associations and its MLS-IDX Participants with all rights reserved. The information contained herein is believed to be accurate, but no warranty as such is expressed or implied.