508 Forest DrLords ValleyPA18428
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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 Lords Valley at 508 Forest Dr, Lords Valley, PA, 18428 priced at $299,000 converts $1,998/mo rent into after a $1,463/mo obligation. Total monthly income equals $1,998/mo. Return on cash invested prints 17.44% in year one, and rental yield reads 8.02% against a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation compiles into $82,608 by year five. Five-year ROI reaches 91.13% and total cumulative return in cash sums $90,322. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,998/mo property income covering a $1,463/mo payment, not borrower’s personal income.
Single Family
Built in 1989
0.40 Acres lot
$N/A/sqft
$2,918 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18428, Hawley, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,053 (100%) |
| Owner Occupied HU | 4,651 (46.3%) |
| Renter Occupied HU | 862 ( 8.6%) |
| Vacant Housing Units | 4,540 (45.2%) |
| Median Home Value | $299,604 |
| Average Home Value | $365,547 |
Housing Distribution
Address Breakdown
Residential
7,035
Single Family
4,077
Multi-Family
2,958
Businesses
511
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Listed by: George Schmitt, Associate Broker • Davis R. Chant - Lords Valley
Mls Name: PWAR
Mls Provider:
Mls ID: #PW242024
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.