720 Delaware StForest CityPA18421
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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 Forest City at 720 Delaware St, Forest City, PA, 18421 listed at $100,000 pairs $797/mo rent with a $489/mo payment to leave $142/mo cash flow. Total monthly income runs $797/mo, and annual cash flow reaches $1,706/yr on $33,150 cash to close. Return on cash invested measures 25.06% in year one, and rental yield registers 9.56% at a $100,000 basis. Equity gained on principal adds $645/yr, and annual property appreciation at 5% supports $27,628 by year five. Five-year ROI tracks 131.09% and total cumulative return in cash totals $43,456. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $797/mo property income relative to a $489/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18421, Forest City, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,263 (100%) |
| Owner Occupied HU | 1,400 (61.9%) |
| Renter Occupied HU | 471 (20.8%) |
| Vacant Housing Units | 392 (17.3%) |
| Median Home Value | $220,465 |
| Average Home Value | $273,734 |
Housing Distribution
Address Breakdown
Residential
2,000
Single Family
1,947
Multi-Family
53
Businesses
121
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Listed by: Alexsis McGhee • EXP Realty LLC
Mls Name: GSBR
Mls Provider:
Mls ID: #SC251101
Disclaimer: Information provided by the Greater Scranton Board of REALTORS MLS. Information is for consumers personal noncommercial use, and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. Consult the specific municipality for permitted Zoning uses.