8 Eagle StHarveys LakePA18618
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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
Rental property for sale in Harveys Lake at 8 Eagle St, Harveys Lake, PA, 18618 generates $2,208/mo in rent and, after a $1,023/mo payment, leaves $838/mo in cash flow. Total monthly income is $2,208/mo, and annual cash flow is $10,061/yr on $69,284 invested. Return on cash invested sits at 34.43% in year one, and rental yield is 12.68% on a $209,000 entry. Equity gained on principal adds $1,349/yr, while 5% annual appreciation builds toward $57,743 over five years. Five-year ROI reaches 181.22% and total cumulative return in cash sums $125,558. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,208/mo property income rather than buyer’s personal income.
Single Family
Built in 1990
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18618, Harveys Lake, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,088 (100%) |
| Owner Occupied HU | 1,330 (63.7%) |
| Renter Occupied HU | 287 (13.7%) |
| Vacant Housing Units | 471 (22.6%) |
| Median Home Value | $327,864 |
| Average Home Value | $399,957 |
Housing Distribution
Address Breakdown
Residential
1,726
Single Family
1,726
Multi-Family
0
Businesses
62
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Listed by: Cook and Wiringer Team • Berkshire Hathaway HomeServices Poggi, REALTORS Back Mtn
Mls Name: Luzerne County AOR
Mls ID: #24-5326
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.