60 Spruce StMountain TopPA18707
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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 Mountain Top at 60 Spruce St, Mountain Top, PA, 18707 generates $2,388/mo in rent and, after a $1,468/mo payment, leaves $423/mo in cash flow. Total monthly income is $2,388/mo, and annual cash flow is $5,072/yr on $99,417 invested. Return on cash invested sits at 25.01% in year one, and rental yield is 9.56% on a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 130.69% and total cumulative return in cash sums $129,928. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,388/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18707, Mountain Top, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,504 (100%) |
| Owner Occupied HU | 5,455 (83.9%) |
| Renter Occupied HU | 619 ( 9.5%) |
| Vacant Housing Units | 430 ( 6.6%) |
| Median Home Value | $320,054 |
| Average Home Value | $348,657 |
Housing Distribution
Address Breakdown
Residential
6,579
Single Family
6,527
Multi-Family
52
Businesses
410
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Listed by: Grant Rinehimer • Lewith & Freeman, Kingston
Mls Name: Luzerne County AOR
Mls ID: #25-6133