4 Delaware AvePittstonPA18643
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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
Rental property for sale in Pittston at 4 Delaware Ave, Pittston, PA, 18643 priced at $230,000 converts $1,828/mo rent into $321/mo cash flow after a $1,126/mo obligation. Total monthly income equals $1,828/mo, and annual cash flow totals $3,847/yr on $76,245 invested. Return on cash invested prints 24.95% in year one, and rental yield reads 9.54% against a $230,000 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation compiles into $63,545 by year five. Five-year ROI reaches 130.4% and total cumulative return in cash sums $99,427. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,828/mo property income covering a $1,126/mo payment, not borrower’s personal income.
Multi Family
Built in N/A
6,000 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: Skyla Nealy • Wyoming Valley Real Estate
Mls Name: Luzerne County AOR
Mls ID: #25-3318
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.