79 Grove StCarbondalePA18407
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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 Carbondale at 79 Grove St, Carbondale, PA, 18407 earns $520/mo cash flow from $1,431/mo rent with a $680/mo payment. Total monthly income totals $1,431/mo, and annual cash flow totals $6,246/yr on $46,079 capital. ROI tracks 33.46% on current figures, and rental yield reads 12.35% at a $139,000 purchase. Equity gained on principal adds $897/yr, and 5% annual appreciation supports $38,403 over five years. Five-year ROI reaches 176.07% and total cumulative return in cash sums $81,128. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,431/mo property income instead of your personal income.
Single Family
Built in 1934
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18407, Carbondale, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,183 (100%) |
| Owner Occupied HU | 3,932 (54.7%) |
| Renter Occupied HU | 2,174 (30.3%) |
| Vacant Housing Units | 1,077 (15.0%) |
| Median Home Value | $211,128 |
| Average Home Value | $259,991 |
Housing Distribution
Address Breakdown
Residential
6,036
Single Family
5,612
Multi-Family
424
Businesses
411
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Nearby investment properties with comparable prices
Listed by: Leah Gianacopoulos • ERA One Source Realty
Mls Name: GSBR
Mls Provider:
Mls ID: #SC251527
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.