711 Grove StAvocaPA18641
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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
Investment property for sale in Avoca at 711 Grove St, Avoca, PA, 18641 uses $48,068 cash to close to unlock $13,446/yr annual cash flow and $1,121/mo monthly cash flow. Total monthly income runs $2,071/mo, and a $710/mo payment keeps the spread at $1,121/mo. Purchase price stands at $145,000, and rental yield measures 17.14% with $2,071/mo rent. Return on cash invested shows 47.88% in year one, and 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 253.39% and total cumulative return in cash records $121,796. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,071/mo property income covering a $710/mo payment rather than investor’s personal income.
Single Family
Built in 1935
7,405 sqft 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: Robert J Vanston • Berkshire Hathaway Home Services Preferred Properties
Mls Name: GSBR
Mls ID: #SC254224