520 Charles StLuzernePA18709
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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 Luzerne at 520 Charles St, Luzerne, PA, 18709 generates $1,552/mo in rent and, after a $881/mo payment, leaves $373/mo in cash flow. Total monthly income is $1,552/mo, and annual cash flow is $4,470/yr on $59,670 invested. Return on cash invested sits at 27.4% in year one, and rental yield is 10.35% on a $180,000 entry. Equity gained on principal adds $1,162/yr, while 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 143.54% and total cumulative return in cash sums $85,649. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,552/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18709, Luzerne, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,577 (100%) |
| Owner Occupied HU | 796 (50.5%) |
| Renter Occupied HU | 588 (37.3%) |
| Vacant Housing Units | 193 (12.2%) |
| Median Home Value | $153,198 |
| Average Home Value | $180,980 |
Housing Distribution
Address Breakdown
Residential
1,426
Single Family
1,312
Multi-Family
114
Businesses
187
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Listed by: Melissa Pollick • Keller Williams Real Estate-Clarks Summit
Mls Name: GSBR
Mls ID: #SC253364