








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Freeland at 505 Cedar St, Freeland, PA, 18224 with 5% annual appreciation on a $209,000 basis while $1,487/mo rent supports operations. Total monthly income totals $1,487/mo and a $1,023/mo payment preserves $117/mo for cash returns. Annual cash flow comes to $1,409/yr on $69,284 deployed, and return on cash invested reaches 21.94% in year one. Equity gained on principal adds $1,349/yr, and five-year appreciation sums $57,743 alongside rental yield of 8.54%. Five-year ROI measures 114.26% and total cumulative return in cash totals $79,166.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,487/mo property income versus a $1,023/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 18224, Freeland, PA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,199 (100%) |
| Owner Occupied HU | 1,957 (61.2%) |
| Renter Occupied HU | 855 (26.7%) |
| Vacant Housing Units | 387 (12.1%) |
| Median Home Value | $141,635 |
| Average Home Value | $168,710 |
Residential
2,918
Single Family
2,800
Multi-Family
118
Businesses
132
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Anita Reber • Lewith & Freeman, Drums
Mls Name: Luzerne County AOR
Mls ID: #25-5644