55 Welsh 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
Rental property for sale in Pittston at 55 Welsh St, Pittston, PA, 18640 priced at $249,900 converts $1,907/mo rent into $270/mo cash flow after a $1,223/mo obligation. Total monthly income equals $1,907/mo, and annual cash flow totals $3,235/yr on $82,842 invested. Return on cash invested prints 23.81% in year one, and rental yield reads 9.16% against a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation compiles into $69,043 by year five. Five-year ROI reaches 124.27% and total cumulative return in cash sums $102,950. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,907/mo property income covering a $1,223/mo payment, not borrower’s 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: 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
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Listed by: Michael Slacktish • Century 21 Signature Properties
Mls Name: Luzerne County AOR
Mls ID: #25-5530