602 2nd StTowandaPA18848
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Nearby investment properties with comparable prices
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 Towanda at 602 2nd St, Towanda, PA, 18848 offers $3,016/mo rent that, after a $587/mo payment, leaves $2,230/mo cash flow. Total monthly income is $3,016/mo, and annual cash flow is $26,762/yr on $39,747 cash. Return on cash invested measures 87.24% in year one, and rental yield stands at 30.19% at a $119,900 entry. Equity gained on principal adds $774/yr while 5% annual appreciation compounds into $33,126 by year five. Five-year ROI records 464.52% and total cumulative return in cash reaches $184,632. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,016/mo property income versus a $587/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1876
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18848, Towanda, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,355 (100%) |
| Owner Occupied HU | 2,544 (58.4%) |
| Renter Occupied HU | 1,141 (26.2%) |
| Vacant Housing Units | 670 (15.4%) |
| Median Home Value | $203,239 |
| Average Home Value | $234,457 |
Housing Distribution
Address Breakdown
Residential
3,914
Single Family
3,655
Multi-Family
259
Businesses
361
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Listed by: Ronda Brill • Mountain Valley Realty, Inc.
Mls Name: Northern Mountains of Pennsylvania MLS
Mls Provider:
Mls ID: #31718301
Disclaimer: Copyright North Central Penn Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.