515 Cherry DrExeterPA18643
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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 Exeter at 515 Cherry Dr, Exeter, PA, 18643 earns from $1,549/mo rent with a $1,272/mo payment. Total monthly income totals $1,549/mo. ROI tracks 15.81% on current figures, and rental yield reads 7.15% at a $259,900 purchase. Equity gained on principal adds $1,677/yr, and 5% annual appreciation supports $71,806 over five years. Five-year ROI reaches 82.05% and total cumulative return in cash sums $70,690. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,549/mo property income instead of your personal income.
Townhouse
Built in N/A
6,838 sqft lot
$N/A/sqft
$85 monthly 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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Listed by: Tyler Slack • Jonathan J. Nelson Real Estate
Mls Name: Luzerne County AOR
Mls ID: #24-5533
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.