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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in West Pittston at 609 4th St, West Pittston, PA, 18643 offers $1,616/mo rent that, after a $1,366/mo payment. Total monthly income is $1,616/mo. Return on cash invested measures 17.15% in year one, and rental yield stands at 6.95% at a $279,000 entry. Equity gained on principal adds $1,800/yr while 5% annual appreciation compounds into $77,083 by year five. Five-year ROI records 88.56% and total cumulative return in cash reaches $81,907. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,616/mo property income versus a $1,366/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in N/A
2,961 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 18643, Pittston, PA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,924 (100%) |
| Owner Occupied HU | 3,699 (62.4%) |
| Renter Occupied HU | 1,632 (27.5%) |
| Vacant Housing Units | 593 (10.0%) |
| Median Home Value | $222,579 |
| Average Home Value | $244,674 |
Residential
5,685
Single Family
5,548
Multi-Family
137
Businesses
311
Date | Event | Price |
|---|---|---|
| 2024-10-07 | Listed for sale | $279,000 |
| 2014-07-31 | Sold | $95,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-12 | $2594.73 | 7.18% | $85,300 | N/A |
| 2022-11-12 | $2420.80 | N/A | $85,300 | N/A |
| 2021-11-12 | $2420.80 | 9.64% | $85,300 | N/A |
Listed by: Edward Heck • Classic Properties Kingston
Mls Name: Luzerne County AOR
Mls ID: #24-4950
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
