407 Ridge AveWest HazletonPA18202
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeAt $135,000, 407 Ridge Ave, West Hazleton, PA, 18202 in West Hazleton generates $1,020/mo in rent (9.44% yield) but nets only $177/mo after debt service. The spread is thin, manageable for investors comfortable with low-margin holds who are buying into the 5% annual appreciation thesis. Ziffy Mortgage's DSCR loan (1.68) allows non-U.S. residents to acquire without personal income checks. A larger down payment reduces the monthly debt load and widens the margin. Five-year appreciation: $37,298. Total projected return: $60,170.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 6.2% |
| Monthly Cash Flow | $177 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,020 |
| Total Monthly Debt Service | $831 |
| DSCR Ratio | 1.23x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1910
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18202, Hazleton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,760 (100%) |
| Owner Occupied HU | 3,895 (57.6%) |
| Renter Occupied HU | 1,998 (29.6%) |
| Vacant Housing Units | 867 (12.8%) |
| Median Home Value | $230,774 |
| Average Home Value | $244,610 |
Housing Distribution
Address Breakdown
Residential
5,929
Single Family
5,736
Multi-Family
193
Businesses
660
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
Single Family
Built in 1910
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18202, Hazleton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,760 (100%) |
| Owner Occupied HU | 3,895 (57.6%) |
| Renter Occupied HU | 1,998 (29.6%) |
| Vacant Housing Units | 867 (12.8%) |
| Median Home Value | $230,774 |
| Average Home Value | $244,610 |
Housing Distribution
Address Breakdown
Residential
5,929
Single Family
5,736
Multi-Family
193
Businesses
660
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael Brugger • Landmark Associates Realty, Inc
Mls Name: Luzerne County AOR
Mls ID: #25-2008
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.