478 State Route 106CarbondalePA18407
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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 Carbondale at 478 State Route 106, Carbondale, PA, 18407 generates $720/mo in rent, after a $1,463/mo payment. Total monthly income is $720/mo. Return on cash invested sits at 4.91% in year one, and rental yield is 2.89% on a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 22.92% and total cumulative return in cash sums $22,714. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $720/mo property income rather than buyer’s personal income.
Single Family
Built in 1977
1.91 Acres 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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Nearby investment properties with comparable prices
Listed by: Ryan J. Rhett Butler • Next Door Real Estate LLC
Mls Name: GSBR
Mls Provider:
Mls ID: #SC252853
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.