405 Watt StDuryeaPA18642
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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 Duryea at 405 Watt St, Duryea, PA, 18642 uses $74,588 cash to close to unlock $4,894/yr annual cash flow and $408/mo monthly cash flow. Total monthly income runs $1,882/mo, and a $1,101/mo payment keeps the spread at $408/mo. Purchase price stands at $225,000, and rental yield measures 10.04% with $1,882/mo rent. Return on cash invested shows 26.47% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 138.52% and total cumulative return in cash records $103,317. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,882/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in N/A
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18642, Duryea, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,180 (100%) |
| Owner Occupied HU | 1,453 (66.7%) |
| Renter Occupied HU | 536 (24.6%) |
| Vacant Housing Units | 191 ( 8.8%) |
| Median Home Value | $240,224 |
| Average Home Value | $247,491 |
Housing Distribution
Address Breakdown
Residential
2,014
Single Family
1,899
Multi-Family
115
Businesses
104
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Listed by: Jennifer D. Hilla-Josefowicz • Century 21 Signature Properties
Mls Name: Luzerne County AOR
Mls ID: #25-4878