407 Meyers StDuryeaPA18642
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
Investment property for sale in Duryea at 407 Meyers St, Duryea, PA, 18642 at $219,000 posts ROI 26.01% with $369/mo cash flow from $1,804/mo rent. Total monthly income equals $1,804/mo, and annual cash flow records $4,426/yr on $72,599 to close. Return on cash invested measures 26.01% and rental yield reads 9.88% at the current $219,000. Equity gained on principal adds $1,413/yr, and 5% annual appreciation supports $60,506 by year five. Five-year ROI prints 136% and total cumulative return in cash totals $98,733.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,804/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1940
5,227 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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Nearby investment properties with comparable prices
Listed by: Mark Conway • Christian Saunders Real Estate
Mls Name: GSBR
Mls Provider:
Mls ID: #SC251848
Disclaimer: Information provided by the Greater Scranton Board of REALTORS MLS. Information is for consumers personal noncommercial use, and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. Consult the specific municipality for permitted Zoning uses.