8 Montgomery AveWest PittstonPA18643
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 West Pittston at 8 Montgomery Ave, West Pittston, PA, 18643 priced at $444,900 converts $3,726/mo rent into $810/mo cash flow after a $2,178/mo obligation. Total monthly income equals $3,726/mo, and annual cash flow totals $9,722/yr on $147,484 invested. Return on cash invested prints 26.5% in year one, and rental yield reads 10.05% against a $444,900 entry. Equity gained on principal adds $2,871/yr, while 5% annual appreciation compiles into $122,918 by year five. Five-year ROI reaches 138.69% and total cumulative return in cash sums $204,541. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,726/mo property income covering a $2,178/mo payment, not borrower’s personal income.
Single Family
Built in 1898
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18643, Pittston, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,924 (100%) |
| Owner Occupied HU | 3,699 (62.4%) |
| Renter Occupied HU | 1,632 (27.5%) |
| Vacant Housing Units | 593 (10.0%) |
| Median Home Value | $222,579 |
| Average Home Value | $244,674 |
Housing Distribution
Address Breakdown
Residential
5,685
Single Family
5,548
Multi-Family
137
Businesses
311
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Listed by: Neal Forlenza • Classic Properties Kingston
Mls Name: Luzerne County AOR
Mls ID: #25-6299