91 Magnolia DrThornhurstPA18424
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 Thornhurst at 91 Magnolia Dr, Thornhurst, PA, 18424 priced at $214,500 converts $2,384/mo rent into $871/mo cash flow after a $1,050/mo obligation. Total monthly income equals $2,384/mo, and annual cash flow totals $10,453/yr on $71,107 invested. Return on cash invested prints 34.61% in year one, and rental yield reads 13.34% against a $214,500 entry. Equity gained on principal adds $1,384/yr, while 5% annual appreciation compiles into $59,262 by year five. Five-year ROI reaches 182.87% and total cumulative return in cash sums $130,032. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,384/mo property income covering a $1,050/mo payment, not borrower’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
$1,286 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18424, Gouldsboro, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,051 (100%) |
| Owner Occupied HU | 1,915 (47.3%) |
| Renter Occupied HU | 322 ( 7.9%) |
| Vacant Housing Units | 1,814 (44.8%) |
| Median Home Value | $238,164 |
| Average Home Value | $288,240 |
Housing Distribution
Address Breakdown
Residential
2,186
Single Family
2,186
Multi-Family
0
Businesses
118
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Listed by: Colleen A. Turant • J.J. Mantione Appraisal and Realty Group,Inc
Mls Name: Luzerne County AOR
Mls ID: #24-4987
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.