741 Ridge AveHazletonPA18202
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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 Hazleton at 741 Ridge Ave, Hazleton, PA, 18202 with 5% annual appreciation on a $240,500 basis while $1,823/mo rent supports operations. Total monthly income totals $1,823/mo and a $1,177/mo payment preserves $247/mo for cash returns. Annual cash flow comes to $2,966/yr on $79,726 deployed, and return on cash invested reaches 23.63% in year one. Equity gained on principal adds $1,552/yr, and five-year appreciation sums $66,446 alongside rental yield of 9.1%. Five-year ROI measures 123.32% and total cumulative return in cash totals $98,319.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,823/mo property income versus a $1,177/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1970
10,019 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18202, Hazleton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,760 (100%) |
| Owner Occupied HU | 3,895 (57.6%) |
| Renter Occupied HU | 1,998 (29.6%) |
| Vacant Housing Units | 867 (12.8%) |
| Median Home Value | $230,774 |
| Average Home Value | $244,610 |
Housing Distribution
Address Breakdown
Residential
5,929
Single Family
5,736
Multi-Family
193
Businesses
660
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Nearby investment properties with comparable prices
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