55 Thompson StPittstonPA18640
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 Pittston at 55 Thompson St, Pittston, PA, 18640 offers a 6.64% rental yield on a $628,000 purchase with $3,474/mo rent. 33% in year one. Equity gained on principal adds $4,052/yr while 5% annual appreciation supports $173,505 over five years. Portfolio math shows five-year ROI at 84.13% and total cumulative return in cash at $173,815. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,474/mo property income against a $3,074/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1974
2.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18640, Pittston, PA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
7,836
Single Family
7,327
Multi-Family
509
Businesses
756
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jill Hiscox • Lewith & Freeman, Shavertown
Mls Name: Luzerne County AOR
Mls ID: #25-2323
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.