608 New StOlyphantPA18447
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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 Olyphant at 608 New St, Olyphant, PA, 18447 priced at $310,000 pairs $1,946/mo rent with after a $1,517/mo payment. Total monthly income equals $1,946/mo. Return on cash invested is 18.92% in year one, and rental yield stands at 7.53% on a $310,000 basis. Equity gained on principal adds $2,000/yr, and 5% annual appreciation accumulates to $85,647 by year five. Five-year ROI measures 97.99% and total cumulative return in cash reaches $100,699. For financing, Ziffy Mortgage’s DSCR program evaluates $1,946/mo property income against a $1,517/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
10,043 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18447, Olyphant, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,210 (100%) |
| Owner Occupied HU | 3,326 (63.8%) |
| Renter Occupied HU | 1,412 (27.1%) |
| Vacant Housing Units | 472 ( 9.1%) |
| Median Home Value | $229,085 |
| Average Home Value | $258,260 |
Housing Distribution
Address Breakdown
Residential
4,726
Single Family
4,585
Multi-Family
141
Businesses
368
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Listed by: Casey Johnston • RPA Real Estate
Mls Name: Luzerne County AOR
Mls ID: #25-4109