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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Thornhurst at 585 Old River Rd, Thornhurst, PA, 18424 with 5% annual appreciation on a $341,000 basis while $2,843/mo rent supports operations. Total monthly income totals $2,843/mo and a $1,669/mo payment preserves $609/mo for cash returns. Annual cash flow comes to $7,302/yr on $113,042 deployed, and return on cash invested reaches 26.37% in year one. Equity gained on principal adds $2,200/yr, and five-year appreciation sums $94,212 alongside rental yield of 10%. Five-year ROI measures 137.97% and total cumulative return in cash totals $155,960.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,843/mo property income versus a $1,669/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1994
0.84 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 18424, Gouldsboro, PA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,051 (100%) |
| Owner Occupied HU | 1,915 (47.3%) |
| Renter Occupied HU | 322 ( 7.9%) |
| Vacant Housing Units | 1,814 (44.8%) |
| Median Home Value | $238,164 |
| Average Home Value | $288,240 |
Residential
2,186
Single Family
2,186
Multi-Family
0
Businesses
118
Date | Event | Price |
|---|---|---|
| 2025-05-30 | Sold | $341,000 |
| 2025-04-11 | Pending sale | $384,900 |
| 2025-03-03 | Listed for sale | $384,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-25 | $4941.49 | 4.41% | $21,600 | N/A |
| 2023-08-25 | $4732.56 | 3.47% | $21,600 | N/A |
| 2022-08-25 | $4573.80 | 1.59% | $21,600 | N/A |
What's Special
Attic Storage,Crawl Opening
Listed by: James B. Learn • Classic Properties North Pocono
Mls Name: GSBR
Mls Provider:
Mls ID: #SC6050
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.
