9 Chestnut Hill RdPittstonPA18640
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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
Investment property for sale in Pittston at 9 Chestnut Hill Rd, Pittston, PA, 18640 offers a 10.71% rental yield on a $220,000 purchase with $1,964/mo rent. Total monthly income registers $1,964/mo, and a $1,077/mo payment leaves $522/mo available for distribution. Annual cash flow reaches $6,266/yr on $72,930 to close, and return on cash invested stands at 28.5% in year one. Equity gained on principal adds $1,420/yr while 5% annual appreciation supports $60,782 over five years. Portfolio math shows five-year ROI at 149.47% and total cumulative return in cash at $109,007. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,964/mo property income against a $1,077/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
6,750 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: Mary Mooney • Lewith & Freeman, Kingston
Mls Name: Luzerne County AOR
Mls ID: #25-4789