421 Mary StOld ForgePA18518
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 Old Forge at 421 Mary St, Old Forge, PA, 18518 uses $57,018 cash to close to unlock $4,689/yr annual cash flow and $391/mo monthly cash flow. Total monthly income runs $1,518/mo, and a $842/mo payment keeps the spread at $391/mo. Purchase price stands at $172,000, and rental yield measures 10.59% with $1,518/mo rent. Return on cash invested shows 28.13% in year one, and 5% annual appreciation builds toward $47,520 over five years. Five-year ROI reaches 147.43% and total cumulative return in cash records $84,061. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,518/mo property income covering a $842/mo payment rather than investor’s personal income.
Single Family
Built in 1925
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18518, Old Forge, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,227 (100%) |
| Owner Occupied HU | 2,570 (60.8%) |
| Renter Occupied HU | 1,253 (29.6%) |
| Vacant Housing Units | 404 ( 9.6%) |
| Median Home Value | $197,125 |
| Average Home Value | $245,108 |
Housing Distribution
Address Breakdown
Residential
4,012
Single Family
3,982
Multi-Family
30
Businesses
220
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lindsay Perez • Christian Saunders Real Estate
Mls Name: GSBR
Mls ID: #SC256246