446 Lake RdNicholsonPA18446
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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 Nicholson at 446 Lake Rd, Nicholson, PA, 18446 priced at $379,000 pairs $1,020/mo rent with after a $1,855/mo payment. Total monthly income equals $1,020/mo. Return on cash invested is 5.59% in year one, and rental yield stands at 3.23% on a $379,000 basis. Equity gained on principal adds $2,446/yr, and 5% annual appreciation accumulates to $104,711 by year five. Five-year ROI measures 26.7% and total cumulative return in cash reaches $33,551. For financing, Ziffy Mortgage’s DSCR program evaluates $1,020/mo property income against a $1,855/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1985
5,227 sqft lot
$N/A/sqft
$425 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18446, Nicholson, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,756 (100%) |
| Owner Occupied HU | 1,084 (61.7%) |
| Renter Occupied HU | 324 (18.5%) |
| Vacant Housing Units | 348 (19.8%) |
| Median Home Value | $249,401 |
| Average Home Value | $309,071 |
Housing Distribution
Address Breakdown
Residential
1,354
Single Family
1,330
Multi-Family
24
Businesses
73
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Listed by: Heather Janosky • Keller Williams Real Estate-Clarks Summit
Mls Name: GSBR
Mls Provider:
Mls ID: #SC251940
Disclaimer: Information provided by the Greater Scranton Board of REALTORS MLS. Information is for consumers personal noncommercial use, and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. Consult the specific municipality for permitted Zoning uses.