








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Pittston at 54 E Columbus Ave, Pittston, PA, 18640 priced at $169,900 converts $1,482/mo rent into $368/mo cash flow after a $832/mo obligation. Total monthly income equals $1,482/mo, and annual cash flow totals $4,419/yr on $56,322 invested. Return on cash invested prints 27.75% in year one, and rental yield reads 10.47% against a $169,900 entry. Equity gained on principal adds $1,096/yr, while 5% annual appreciation compiles into $46,940 by year five. Five-year ROI reaches 145.48% and total cumulative return in cash sums $81,938. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,482/mo property income covering a $832/mo payment, not borrower’s personal income.
Multi Family
Built in 1900
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 18640, Pittston, PA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,507 (100%) |
| Owner Occupied HU | 4,971 (58.4%) |
| Renter Occupied HU | 2,557 (30.1%) |
| Vacant Housing Units | 979 (11.5%) |
| Median Home Value | $213,752 |
| Average Home Value | $242,796 |
Residential
7,836
Single Family
7,327
Multi-Family
509
Businesses
756
Date | Event | Price |
|---|---|---|
| 2025-01-07 | Listed for sale | $169,900 |
| 2005-03-24 | Sold | $47,401 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-12 | $2097.05 | 0.62% | $70,500 | N/A |
| 2022-01-12 | $2084.05 | N/A | $70,500 | N/A |
| 2021-01-12 | $2084.05 | 2.62% | $70,500 | N/A |



Listed by: Adam Devine • Dorrance Realty, LLC
Mls Name: GSBR
Mls Provider:
Mls ID: #SC250079
Disclaimer: Information provided by the Greater Scranton Board of REALTORS MLS. Information is for consumers personal noncommercial use, and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. Consult the specific municipality for permitted Zoning uses.