737 Spring StAvocaPA18641
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 Avoca at 737 Spring St, Avoca, PA, 18641 generates $2,328/mo in rent and, after a $1,370/mo payment, leaves $494/mo in cash flow. Total monthly income is $2,328/mo, and annual cash flow is $5,926/yr on $92,787 invested. Return on cash invested sits at 26.3% in year one, and rental yield is 9.98% on a $279,900 entry. Equity gained on principal adds $1,806/yr, while 5% annual appreciation builds toward $77,331 over five years. Five-year ROI reaches 137.56% and total cumulative return in cash sums $127,633. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,328/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
5,227 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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Nearby investment properties with comparable prices
Listed by: Brigitte Baum • EXP Realty LLC
Mls Name: GSBR
Mls Provider:
Mls ID: #SC253475
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.