93 Washington StCarbondalePA18407
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 Carbondale at 93 Washington St, Carbondale, PA, 18407 priced at $145,000 pairs $1,498/mo rent with $548/mo cash flow after a $710/mo payment. Total monthly income equals $1,498/mo, and annual cash flow comes to $6,570/yr on $48,068 invested. Return on cash invested is 33.58% in year one, and rental yield stands at 12.4% on a $145,000 basis. Equity gained on principal adds $936/yr, and 5% annual appreciation accumulates to $40,061 by year five. Five-year ROI measures 176.67% and total cumulative return in cash reaches $84,920. For financing, Ziffy Mortgage’s DSCR program evaluates $1,498/mo property income against a $710/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1940
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18407, Carbondale, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,183 (100%) |
| Owner Occupied HU | 3,932 (54.7%) |
| Renter Occupied HU | 2,174 (30.3%) |
| Vacant Housing Units | 1,077 (15.0%) |
| Median Home Value | $211,128 |
| Average Home Value | $259,991 |
Housing Distribution
Address Breakdown
Residential
6,036
Single Family
5,612
Multi-Family
424
Businesses
411
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Listed by: Brittany Tuzze • RE/MAX Home Team
Mls Name: GSBR
Mls ID: #SC255392