416 Cedar DrDrumsPA18222
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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 Drums at 416 Cedar Dr, Drums, PA, 18222 offers $3,164/mo rent that, after a $1,799/mo payment, leaves $756/mo cash flow. Total monthly income is $3,164/mo, and annual cash flow is $9,067/yr on $121,826 cash. Return on cash invested measures 27.35% in year one, and rental yield stands at 10.33% at a $367,500 entry. Equity gained on principal adds $2,371/yr while 5% annual appreciation compounds into $101,533 by year five. Five-year ROI records 143.24% and total cumulative return in cash reaches $174,504. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,164/mo property income versus a $1,799/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2010
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18222, Drums, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,237 (100%) |
| Owner Occupied HU | 3,341 (78.9%) |
| Renter Occupied HU | 519 (12.2%) |
| Vacant Housing Units | 377 ( 8.9%) |
| Median Home Value | $276,287 |
| Average Home Value | $294,507 |
Housing Distribution
Address Breakdown
Residential
4,258
Single Family
4,165
Multi-Family
93
Businesses
165
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Listed by: Gail and Paul Pukatch • Berkshire Hathaway HomeServices Poggi, REALTORS Back Mtn
Mls Name: Luzerne County AOR
Mls ID: #24-5951
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