510 Washington StFreelandPA18224
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
Investment property for sale in Freeland at 510 Washington St, Freeland, PA, 18224 at $240,000 posts ROI 21.72% with $120/mo cash flow from $1,693/mo rent. Total monthly income equals $1,693/mo, and annual cash flow records $1,440/yr on $79,560 to close. Return on cash invested measures 21.72% and rental yield reads 8.46% at the current $240,000. Equity gained on principal adds $1,549/yr, and 5% annual appreciation supports $66,308 by year five. Five-year ROI prints 113.02% and total cumulative return in cash totals $89,918.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,693/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in N/A
579.37 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18224, Freeland, PA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
2,918
Single Family
2,800
Multi-Family
118
Businesses
132
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Listed by: Cindy Jacome • Pecora Realtor, P.C.
Mls Name: Luzerne County AOR
Mls ID: #25-5721