69 W Main StNanticokePA18634
Nearby investment properties with comparable rents
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 Nanticoke at 69 W Main St, Nanticoke, PA, 18634 priced at $197,000 converts $1,542/mo rent into $251/mo cash flow after a $964/mo obligation. Total monthly income equals $1,542/mo, and annual cash flow totals $3,016/yr on $65,306 invested. Return on cash invested prints 24.53% in year one, and rental yield reads 9.39% against a $197,000 entry. Equity gained on principal adds $1,271/yr, while 5% annual appreciation compiles into $54,427 by year five. Five-year ROI reaches 128.13% and total cumulative return in cash sums $83,678. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,542/mo property income covering a $964/mo payment, not borrower’s personal income.
Single Family
Built in 1908
7,526 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18634, Nanticoke, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,194 (100%) |
| Owner Occupied HU | 3,727 (51.8%) |
| Renter Occupied HU | 2,420 (33.6%) |
| Vacant Housing Units | 1,047 (14.6%) |
| Median Home Value | $151,725 |
| Average Home Value | $173,417 |
Housing Distribution
Address Breakdown
Residential
6,400
Single Family
6,066
Multi-Family
334
Businesses
298
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shannon Sweitzer • Lewith & Freeman, Shavertown
Mls Name: Luzerne County AOR
Mls ID: #25-3414