829 E Lackawanna StOlyphantPA18447
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
Investment property for sale in Olyphant at 829 E Lackawanna St, Olyphant, PA, 18447 uses $72,930 cash to close to unlock $8,570/yr annual cash flow and $714/mo monthly cash flow. Total monthly income runs $2,156/mo, and a $1,077/mo payment keeps the spread at $714/mo. Purchase price stands at $220,000, and rental yield measures 11.76% with $2,156/mo rent. Return on cash invested shows 31.66% in year one, and 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 166.38% and total cumulative return in cash records $121,343. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,156/mo property income covering a $1,077/mo payment rather than investor’s personal income.
Multi Family
Built in 1930
0.32 Acres 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: Barbara O'Hara • CENTURY 21 Select Group - Hamlin
Mls Name: PWAR
Mls Provider:
Mls ID: #PW251016
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.