94 W Pettebone StForty FortPA18704
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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
Rental property for sale in Forty Fort at 94 W Pettebone St, Forty Fort, PA, 18704 priced at $175,000 converts $2,000/mo rent into $798/mo cash flow after a $857/mo obligation. Total monthly income equals $2,000/mo, and annual cash flow totals $9,577/yr on $58,013 invested. Return on cash invested prints 36.42% in year one, and rental yield reads 13.71% against a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation compiles into $48,349 by year five. Five-year ROI reaches 192.32% and total cumulative return in cash sums $111,571. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,000/mo property income covering a $857/mo payment, not borrower’s personal income.
Single Family
Built in N/A
4,760 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18704, Kingston, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,612 (100%) |
| Owner Occupied HU | 8,304 (53.2%) |
| Renter Occupied HU | 5,805 (37.2%) |
| Vacant Housing Units | 1,503 ( 9.6%) |
| Median Home Value | $186,091 |
| Average Home Value | $218,731 |
Housing Distribution
Address Breakdown
Residential
14,509
Single Family
13,233
Multi-Family
1,276
Businesses
1,289
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Listed by: Kenneth Bond • Crossin Real Estate
Mls Name: Luzerne County AOR
Mls ID: #24-4959
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.