523 Grove StAvocaPA18641
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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 Avoca at 523 Grove St, Avoca, PA, 18641 earns $524/mo cash flow from $1,900/mo rent with a $1,028/mo payment. Total monthly income totals $1,900/mo, and annual cash flow totals $6,285/yr on $69,615 capital. ROI tracks 28.94% on current figures, and rental yield reads 10.86% at a $210,000 purchase. Equity gained on principal adds $1,355/yr, and 5% annual appreciation supports $58,019 over five years. Five-year ROI reaches 151.73% and total cumulative return in cash sums $105,628. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,900/mo property income instead of your personal income.
Single Family
Built in N/A
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18641, Pittston, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,201 (100%) |
| Owner Occupied HU | 2,142 (66.9%) |
| Renter Occupied HU | 692 (21.6%) |
| Vacant Housing Units | 367 (11.5%) |
| Median Home Value | $195,382 |
| Average Home Value | $213,912 |
Housing Distribution
Address Breakdown
Residential
3,121
Single Family
3,067
Multi-Family
54
Businesses
174
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Listed by: Jason Giomboni Team • eXp Realty- Scranton/Wilkes-Barre
Mls Name: Luzerne County AOR
Mls ID: #25-5071