423 E Centre StMahanoy CityPA17948
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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 Mahanoy City at 423 E Centre St, Mahanoy City, PA, 17948 priced at $159,000 pairs $1,256/mo rent with $214/mo cash flow after a $778/mo payment. Total monthly income equals $1,256/mo, and annual cash flow comes to $2,572/yr on $52,709 invested. Return on cash invested is 24.79% in year one, and rental yield stands at 9.48% on a $159,000 basis. Equity gained on principal adds $1,026/yr, and 5% annual appreciation accumulates to $43,929 by year five. Five-year ROI measures 129.54% and total cumulative return in cash reaches $68,280. For financing, Ziffy Mortgage’s DSCR program evaluates $1,256/mo property income against a $778/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17948, Mahanoy City, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,583 (100%) |
| Owner Occupied HU | 1,272 (49.2%) |
| Renter Occupied HU | 516 (20.0%) |
| Vacant Housing Units | 795 (30.8%) |
| Median Home Value | $41,429 |
| Average Home Value | $185,674 |
Housing Distribution
Address Breakdown
Residential
2,022
Single Family
1,895
Multi-Family
127
Businesses
133
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Listed by: Glorivet Carrasco • Pecora Realtor, P.C.
Mls Name: Luzerne County AOR
Mls ID: #25-4904