449 Lake DrNesquehoningPA18240
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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 Nesquehoning at 449 Lake Dr, Nesquehoning, PA, 18240 with 5% annual appreciation on a $425,000 basis while $1,140/mo rent supports operations. 9% in year one. Equity gained on principal adds $2,742/yr, and five-year appreciation sums $117,420 alongside rental yield of 3.22%. Five-year ROI measures 28.21% and total cumulative return in cash totals $39,749. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,140/mo property income versus a $2,080/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1971
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18240, Nesquehoning, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,049 (100%) |
| Owner Occupied HU | 1,203 (58.7%) |
| Renter Occupied HU | 448 (21.9%) |
| Vacant Housing Units | 398 (19.4%) |
| Median Home Value | $213,419 |
| Average Home Value | $204,011 |
Housing Distribution
Address Breakdown
Residential
1,851
Single Family
1,740
Multi-Family
111
Businesses
97
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Listed by: Michael Hood • Priority One Real Estate Team, LLC
Mls Name: Bright MLS
Mls ID: #PACC2007014