808 E Lackawanna AveOlyphantPA18447
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 Olyphant at 808 E Lackawanna Ave, Olyphant, PA, 18447 priced at $169,900 converts $1,358/mo rent into $244/mo cash flow after a $832/mo obligation. Total monthly income equals $1,358/mo, and annual cash flow totals $2,931/yr on $56,322 invested. Return on cash invested prints 25.11% in year one, and rental yield reads 9.59% against a $169,900 entry. Equity gained on principal adds $1,096/yr, while 5% annual appreciation compiles into $46,940 by year five. Five-year ROI reaches 131.31% and total cumulative return in cash sums $73,958. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,358/mo property income covering a $832/mo payment, not borrower’s personal income.
Single Family
Built in 1920
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18447, Olyphant, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,210 (100%) |
| Owner Occupied HU | 3,326 (63.8%) |
| Renter Occupied HU | 1,412 (27.1%) |
| Vacant Housing Units | 472 ( 9.1%) |
| Median Home Value | $229,085 |
| Average Home Value | $258,260 |
Housing Distribution
Address Breakdown
Residential
4,726
Single Family
4,585
Multi-Family
141
Businesses
368
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: The Joette and Jim Conaboy Team • Coldwell Banker Town & Country Properties
Mls Name: GSBR
Mls ID: #SC254199