405 S Elmer AveSayrePA18840
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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 Sayre at 405 S Elmer Ave, Sayre, PA, 18840 listed at $144,900 pairs $1,096/mo rent with a $709/mo payment to leave $82/mo cash flow. Total monthly income runs $1,096/mo, and annual cash flow reaches $979/yr on $48,034 cash to close. Return on cash invested measures 21.95% in year one, and rental yield registers 9.08% at a $144,900 basis. Equity gained on principal adds $935/yr, and annual property appreciation at 5% supports $40,033 by year five. Five-year ROI tracks 114.87% and total cumulative return in cash totals $55,177. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,096/mo property income relative to a $709/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18840, Sayre, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,068 (100%) |
| Owner Occupied HU | 3,091 (61.0%) |
| Renter Occupied HU | 1,518 (30.0%) |
| Vacant Housing Units | 459 ( 9.1%) |
| Median Home Value | $190,170 |
| Average Home Value | $229,716 |
Housing Distribution
Address Breakdown
Residential
4,777
Single Family
4,617
Multi-Family
160
Businesses
389
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Listed by: Jill Shaver Hunter • McDermott & McDermott Real Estate, Inc.
Mls Name: Luzerne County AOR
Mls ID: #25-844
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.