520 Oak StOld ForgePA18518
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 Old Forge at 520 Oak St, Old Forge, PA, 18518 at $469,000 posts ROI 14.63% with from $2,390/mo rent. Total monthly income equals $2,390/mo. Return on cash invested measures 14.63% and rental yield reads 6.12% at the current $469,000. Equity gained on principal adds $3,026/yr, and 5% annual appreciation supports $129,576 by year five. Five-year ROI prints 75.04% and total cumulative return in cash totals $116,671. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,390/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in N/A
9,472 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18518, Old Forge, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,227 (100%) |
| Owner Occupied HU | 2,570 (60.8%) |
| Renter Occupied HU | 1,253 (29.6%) |
| Vacant Housing Units | 404 ( 9.6%) |
| Median Home Value | $197,125 |
| Average Home Value | $245,108 |
Housing Distribution
Address Breakdown
Residential
4,012
Single Family
3,982
Multi-Family
30
Businesses
220
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gayle L. Yanora • Classic Properties Kingston
Mls Name: Luzerne County AOR
Mls ID: #26-185