8 Hidden CtHonesdalePA18431
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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 Honesdale at 8 Hidden Ct, Honesdale, PA, 18431 priced at $369,000 converts $2,929/mo rent into $486/mo cash flow after a $1,806/mo obligation. Total monthly income equals $2,929/mo, and annual cash flow totals $5,833/yr on $122,324 invested. Return on cash invested prints 24.68% in year one, and rental yield reads 9.53% against a $369,000 entry. Equity gained on principal adds $2,381/yr, while 5% annual appreciation compiles into $101,948 by year five. Five-year ROI reaches 129.01% and total cumulative return in cash sums $157,815. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,929/mo property income covering a $1,806/mo payment, not borrower’s personal income.
Single Family
Built in 1987
1.01 Acres lot
$N/A/sqft
$300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18431, Honesdale, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,892 (100%) |
| Owner Occupied HU | 4,149 (60.2%) |
| Renter Occupied HU | 1,582 (23.0%) |
| Vacant Housing Units | 1,161 (16.8%) |
| Median Home Value | $257,867 |
| Average Home Value | $318,571 |
Housing Distribution
Address Breakdown
Residential
5,828
Single Family
5,731
Multi-Family
97
Businesses
725
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Listed by: Sarah Elizabeth Tigue • Keller Williams RE Hawley
Mls Name: PWAR
Mls Provider:
Mls ID: #PW242752
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.