412 Charles StLuzernePA18709
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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
Rental property for sale in Luzerne at 412 Charles St, Luzerne, PA, 18709 offers $958/mo rent that, after a $587/mo payment, leaves $172/mo cash flow. Total monthly income is $958/mo, and annual cash flow is $2,066/yr on $39,747 cash. Return on cash invested measures 25.11% in year one, and rental yield stands at 9.59% at a $119,900 entry. Equity gained on principal adds $774/yr while 5% annual appreciation compounds into $33,126 by year five. Five-year ROI records 131.3% and total cumulative return in cash reaches $52,188. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $958/mo property income versus a $587/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18709, Luzerne, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,577 (100%) |
| Owner Occupied HU | 796 (50.5%) |
| Renter Occupied HU | 588 (37.3%) |
| Vacant Housing Units | 193 (12.2%) |
| Median Home Value | $153,198 |
| Average Home Value | $180,980 |
Housing Distribution
Address Breakdown
Residential
1,426
Single Family
1,312
Multi-Family
114
Businesses
187
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Listed by: Donald Ide • Abstract Realty Group
Mls Name: Luzerne County AOR
Mls ID: #25-1607
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.