7 Wood StHonesdalePA18431
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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 Honesdale at 7 Wood St, Honesdale, PA, 18431 priced at $209,900 pairs $1,861/mo rent with $486/mo cash flow after a $1,027/mo payment. Total monthly income equals $1,861/mo, and annual cash flow comes to $5,831/yr on $69,582 invested. Return on cash invested is 28.29% in year one, and rental yield stands at 10.64% on a $209,900 basis. Equity gained on principal adds $1,354/yr, and 5% annual appreciation accumulates to $57,992 by year five. Five-year ROI measures 148.26% and total cumulative return in cash reaches $103,160. For financing, Ziffy Mortgage’s DSCR program evaluates $1,861/mo property income against a $1,027/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18431, Honesdale, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,892 (100%) |
| Owner Occupied HU | 4,149 (60.2%) |
| Renter Occupied HU | 1,582 (23.0%) |
| Vacant Housing Units | 1,161 (16.8%) |
| Median Home Value | $257,867 |
| Average Home Value | $318,571 |
Housing Distribution
Address Breakdown
Residential
5,828
Single Family
5,731
Multi-Family
97
Businesses
725
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Listed by: Tim Meagher • RE/MAX WAYNE
Mls Name: PWAR
Mls Provider:
Mls ID: #PW243905
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.