80 Parsonage StPittstonPA18640
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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 Pittston at 80 Parsonage St, Pittston, PA, 18640 generates $1,552/mo in rent and, after a $518/mo payment, leaves $835/mo in cash flow. Total monthly income is $1,552/mo, and annual cash flow is $10,022/yr on $35,106 invested. Return on cash invested sits at 48.46% in year one, and rental yield is 17.59% on a $105,900 entry. Equity gained on principal adds $683/yr, while 5% annual appreciation builds toward $29,258 over five years. Five-year ROI reaches 256.84% and total cumulative return in cash sums $90,164. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,552/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18640, Pittston, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,507 (100%) |
| Owner Occupied HU | 4,971 (58.4%) |
| Renter Occupied HU | 2,557 (30.1%) |
| Vacant Housing Units | 979 (11.5%) |
| Median Home Value | $213,752 |
| Average Home Value | $242,796 |
Housing Distribution
Address Breakdown
Residential
7,836
Single Family
7,327
Multi-Family
509
Businesses
756
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Listed by: Dale A Kessler • REOcomplete R.E., Inc.
Mls Name: PMAR
Mls ID: #PM-131998