42 Oak AveCarbondalePA18407
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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 Carbondale at 42 Oak Ave, Carbondale, PA, 18407 uses $53,703 cash to close to unlock $5,704/yr annual cash flow and $475/mo monthly cash flow. Total monthly income runs $1,537/mo, and a $793/mo payment keeps the spread at $475/mo. Purchase price stands at $162,000, and rental yield measures 11.39% with $1,537/mo rent. Return on cash invested shows 30.53% in year one, and 5% annual appreciation builds toward $44,758 over five years. Five-year ROI reaches 160.34% and total cumulative return in cash records $86,105. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,537/mo property income covering a $793/mo payment rather than investor’s personal income.
Single Family
Built in 1930
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18407, Carbondale, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,183 (100%) |
| Owner Occupied HU | 3,932 (54.7%) |
| Renter Occupied HU | 2,174 (30.3%) |
| Vacant Housing Units | 1,077 (15.0%) |
| Median Home Value | $211,128 |
| Average Home Value | $259,991 |
Housing Distribution
Address Breakdown
Residential
6,036
Single Family
5,612
Multi-Family
424
Businesses
411
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Listed by: DEBRA B HARRIS • Hibble Harris Real Estate, Inc
Mls Name: GSBR
Mls ID: #SC253037