489 W Butler DrDrumsPA18222
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
Rental property for sale in Drums at 489 W Butler Dr, Drums, PA, 18222 priced at $219,900 converts $2,062/mo rent into $621/mo cash flow after a $1,076/mo obligation. Total monthly income equals $2,062/mo, and annual cash flow totals $7,456/yr on $72,897 invested. Return on cash invested prints 30.14% in year one, and rental yield reads 11.25% against a $219,900 entry. Equity gained on principal adds $1,419/yr, while 5% annual appreciation compiles into $60,754 by year five. Five-year ROI reaches 158.2% and total cumulative return in cash sums $115,324. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,062/mo property income covering a $1,076/mo payment, not borrower’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18222, Drums, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,237 (100%) |
| Owner Occupied HU | 3,341 (78.9%) |
| Renter Occupied HU | 519 (12.2%) |
| Vacant Housing Units | 377 ( 8.9%) |
| Median Home Value | $276,287 |
| Average Home Value | $294,507 |
Housing Distribution
Address Breakdown
Residential
4,258
Single Family
4,165
Multi-Family
93
Businesses
165
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nelsy Dorvilles • Action Real Estate
Mls Name: Luzerne County AOR
Mls ID: #25-2096