55 White Mills RdHonesdalePA18431
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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 Honesdale at 55 White Mills Rd, Honesdale, PA, 18431 offers a 11.75% rental yield on a $185,000 purchase with $1,812/mo rent. Total monthly income registers $1,812/mo, and a $905/mo payment leaves $600/mo available for distribution. Annual cash flow reaches $7,203/yr on $61,328 to close, and return on cash invested stands at 31.65% in year one. Equity gained on principal adds $1,194/yr while 5% annual appreciation supports $51,112 over five years. Portfolio math shows five-year ROI at 166.34% and total cumulative return in cash at $102,015. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,812/mo property income against a $905/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2010
1.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18431, Honesdale, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,892 (100%) |
| Owner Occupied HU | 4,149 (60.2%) |
| Renter Occupied HU | 1,582 (23.0%) |
| Vacant Housing Units | 1,161 (16.8%) |
| Median Home Value | $257,867 |
| Average Home Value | $318,571 |
Housing Distribution
Address Breakdown
Residential
5,828
Single Family
5,731
Multi-Family
97
Businesses
725
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Listed by: Tom Kelly • Coldwell Banker Lakeview Realtors
Mls Name: PWAR
Mls ID: #PW253168