403 Adams StFreelandPA18224
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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
Investment property for sale in Freeland at 403 Adams St, Freeland, PA, 18224 offers a 13.01% rental yield on a $175,000 purchase with $1,898/mo rent. Total monthly income registers $1,898/mo, and a $857/mo payment leaves $751/mo available for distribution. Annual cash flow reaches $9,009/yr on $58,013 to close, and return on cash invested stands at 35.44% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,349 over five years. Portfolio math shows five-year ROI at 186.59% and total cumulative return in cash at $108,247. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,898/mo property income against a $857/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
2,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18224, Freeland, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,199 (100%) |
| Owner Occupied HU | 1,957 (61.2%) |
| Renter Occupied HU | 855 (26.7%) |
| Vacant Housing Units | 387 (12.1%) |
| Median Home Value | $141,635 |
| Average Home Value | $168,710 |
Housing Distribution
Address Breakdown
Residential
2,918
Single Family
2,800
Multi-Family
118
Businesses
132
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Listed by: Nancy Johnson • Century 21 Signature Properties
Mls Name: Luzerne County AOR
Mls ID: #24-4710
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.