9340 Fairmount WayTobyhannaPA18466
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
Investment property for sale in Tobyhanna at 9340 Fairmount Way, Tobyhanna, PA, 18466 earns $390/mo cash flow from $2,330/mo rent with a $1,346/mo payment. Total monthly income totals $2,330/mo, and annual cash flow totals $4,680/yr on $91,129 capital. ROI tracks 25.04% on current figures, and rental yield reads 10.17% at a $274,900 purchase. Equity gained on principal adds $1,774/yr, and 5% annual appreciation supports $75,950 over five years. Five-year ROI reaches 131.51% and total cumulative return in cash sums $119,847. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,330/mo property income instead of your personal income.
Single Family
Built in 1978
8,712 sqft lot
$N/A/sqft
$1,670 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18466, Tobyhanna, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,979 (100%) |
| Owner Occupied HU | 4,432 (55.5%) |
| Renter Occupied HU | 1,472 (18.4%) |
| Vacant Housing Units | 2,075 (26.0%) |
| Median Home Value | $236,760 |
| Average Home Value | $274,196 |
Housing Distribution
Address Breakdown
Residential
6,751
Single Family
4,779
Multi-Family
1,972
Businesses
146
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Listed by: Ann A Sheroda • REALTY NETWORK GROUP
Mls Name: GSBR
Mls Provider:
Mls ID: #SC253712
Disclaimer: Information provided by the Greater Scranton Board of REALTORS MLS. Information is for consumers personal noncommercial use, and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. Consult the specific municipality for permitted Zoning uses.