701 Grove StAvocaPA18641
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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
Investment property for sale in Avoca at 701 Grove St, Avoca, PA, 18641 at $424,900 posts ROI 14.67% with from $2,170/mo rent. Total monthly income equals $2,170/mo. Return on cash invested measures 14.67% and rental yield reads 6.13% at the current $424,900. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,392 by year five. Five-year ROI prints 75.26% and total cumulative return in cash totals $106,005. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,170/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18641, Pittston, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,201 (100%) |
| Owner Occupied HU | 2,142 (66.9%) |
| Renter Occupied HU | 692 (21.6%) |
| Vacant Housing Units | 367 (11.5%) |
| Median Home Value | $195,382 |
| Average Home Value | $213,912 |
Housing Distribution
Address Breakdown
Residential
3,121
Single Family
3,067
Multi-Family
54
Businesses
174
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Listed by: Jonathan J. Nelson • Jonathan J. Nelson Real Estate
Mls Name: Luzerne County AOR
Mls ID: #25-1111
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.