59 Prospect StSimpsonPA18407
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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
Rental property for sale in Simpson at 59 Prospect St, Simpson, PA, 18407 priced at $169,000 converts $2,219/mo rent into $1,112/mo cash flow after a $827/mo obligation. Total monthly income equals $2,219/mo, and annual cash flow totals $13,341/yr on $56,024 invested. Return on cash invested prints 43.72% in year one, and rental yield reads 15.76% against a $169,000 entry. Equity gained on principal adds $1,091/yr, while 5% annual appreciation compiles into $46,692 by year five. Five-year ROI reaches 231.02% and total cumulative return in cash sums $129,427. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,219/mo property income covering a $827/mo payment, not borrower’s personal income.
Single Family
Built in 1920
7,405 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: Deanna M Mazzotta • Keller Williams RE Hawley
Mls Name: PWAR
Mls Provider:
Mls ID: #PW242876
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