59-61 Johnson StPittstonPA18640
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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 Pittston at 59-61 Johnson St, Pittston, PA, 18640 earns from $1,616/mo rent with a $1,223/mo payment. Total monthly income totals $1,616/mo. ROI tracks 19.6% on current figures, and rental yield reads 7.76% at a $249,900 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,043 over five years. Five-year ROI reaches 101.68% and total cumulative return in cash sums $84,230. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,616/mo property income instead of your personal income.
Multi Family
Built in N/A
5,750 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: Trisha Ann Joyce • Jonathan J. Nelson Real Estate
Mls Name: Luzerne County AOR
Mls ID: #25-5684