58 Canaan StCarbondalePA18407
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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 Carbondale at 58 Canaan St, Carbondale, PA, 18407 with 5% annual appreciation on a $107,500 basis while $815/mo rent supports operations. Total monthly income totals $815/mo and a $526/mo payment preserves $111/mo for cash returns. Annual cash flow comes to $1,329/yr on $35,636 deployed, and return on cash invested reaches 23.64% in year one. Equity gained on principal adds $694/yr, and five-year appreciation sums $29,700 alongside rental yield of 9.1%. Five-year ROI measures 123.36% and total cumulative return in cash totals $43,963.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $815/mo property income versus a $526/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1980
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18407, Carbondale, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,183 (100%) |
| Owner Occupied HU | 3,932 (54.7%) |
| Renter Occupied HU | 2,174 (30.3%) |
| Vacant Housing Units | 1,077 (15.0%) |
| Median Home Value | $211,128 |
| Average Home Value | $259,991 |
Housing Distribution
Address Breakdown
Residential
6,036
Single Family
5,612
Multi-Family
424
Businesses
411
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Listed by: Matthew D Cordisco • Pocono Mountain Lakes Realty - Blakeslee
Mls Name: PMAR
Mls Provider:
Mls ID: #PM-120412
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