508 Luzerne AveWest PittstonPA18643
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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 West Pittston at 508 Luzerne Ave, West Pittston, PA, 18643 offers a 8.61% rental yield on a $280,000 purchase with $2,010/mo rent. Total monthly income registers $2,010/mo, and a $1,370/mo payment leaves $4/mo available for distribution. Annual cash flow reaches $44/yr on $92,820 to close, and return on cash invested stands at 19.96% in year one. Equity gained on principal adds $1,807/yr while 5% annual appreciation supports $77,359 over five years. Portfolio math shows five-year ROI at 104.39% and total cumulative return in cash at $96,897. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,010/mo property income against a $1,370/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
7,470 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18643, Pittston, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,924 (100%) |
| Owner Occupied HU | 3,699 (62.4%) |
| Renter Occupied HU | 1,632 (27.5%) |
| Vacant Housing Units | 593 (10.0%) |
| Median Home Value | $222,579 |
| Average Home Value | $244,674 |
Housing Distribution
Address Breakdown
Residential
5,685
Single Family
5,548
Multi-Family
137
Businesses
311
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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