924 N Locust StHazletonPA18201
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 Hazleton at 924 N Locust St, Hazleton, PA, 18201 priced at $259,900 converts $1,844/mo rent into $141/mo cash flow after a $1,272/mo obligation. Total monthly income equals $1,844/mo, and annual cash flow totals $1,692/yr on $86,157 invested. Return on cash invested prints 21.87% in year one, and rental yield reads 8.51% against a $259,900 entry. Equity gained on principal adds $1,677/yr, while 5% annual appreciation compiles into $71,806 by year five. Five-year ROI reaches 113.83% and total cumulative return in cash sums $98,074. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,844/mo property income covering a $1,272/mo payment, not borrower’s personal income.
Single Family
Built in 1935
6,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18201, Hazleton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,962 (100%) |
| Owner Occupied HU | 6,001 (46.3%) |
| Renter Occupied HU | 5,649 (43.6%) |
| Vacant Housing Units | 1,312 (10.1%) |
| Median Home Value | $157,391 |
| Average Home Value | $184,748 |
Housing Distribution
Address Breakdown
Residential
11,186
Single Family
10,240
Multi-Family
946
Businesses
1,014
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Endy Santos Rojas • eXp Realty Hazle Twp
Mls Name: Luzerne County AOR
Mls ID: #25-1193
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.