833 Walnut StFreelandPA18224
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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 Freeland at 833 Walnut St, Freeland, PA, 18224 priced at $219,999 pairs $1,153/mo rent with after a $1,077/mo payment. Total monthly income equals $1,153/mo. Return on cash invested is 15.16% in year one, and rental yield stands at 6.29% on a $219,999 basis. Equity gained on principal adds $1,420/yr, and 5% annual appreciation accumulates to $60,782 by year five. Five-year ROI measures 77.88% and total cumulative return in cash reaches $56,795. For financing, Ziffy Mortgage’s DSCR program evaluates $1,153/mo property income against a $1,077/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in N/A
2,820 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18224, Freeland, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,199 (100%) |
| Owner Occupied HU | 1,957 (61.2%) |
| Renter Occupied HU | 855 (26.7%) |
| Vacant Housing Units | 387 (12.1%) |
| Median Home Value | $141,635 |
| Average Home Value | $168,710 |
Housing Distribution
Address Breakdown
Residential
2,918
Single Family
2,800
Multi-Family
118
Businesses
132
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Listed by: Soko Mujovic • Pecora Realtor, P.C.
Mls Name: Luzerne County AOR
Mls ID: #25-4906