98 Schuman RdDamascusPA18415
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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
Investment property for sale in Damascus at 98 Schuman Rd, Damascus, PA, 18415 uses $116,025 cash to close to unlock $1,447/yr annual cash flow and $121/mo monthly cash flow. Total monthly income runs $2,414/mo, and a $1,713/mo payment keeps the spread at $121/mo. Purchase price stands at $350,000, and rental yield measures 8.28% with $2,414/mo rent. Return on cash invested shows 21.16% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 110.01% and total cumulative return in cash records $127,634. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,414/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 2008
1.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18415, Damascus, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 928 (100%) |
| Owner Occupied HU | 491 (52.9%) |
| Renter Occupied HU | 86 ( 9.3%) |
| Vacant Housing Units | 351 (37.8%) |
| Median Home Value | $363,103 |
| Average Home Value | $372,179 |
Housing Distribution
Address Breakdown
Residential
684
Single Family
684
Multi-Family
0
Businesses
35
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Listed by: John C. Schmitt • Davis R. Chant Honesdale
Mls Name: PWAR
Mls Provider:
Mls ID: #PW252028
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.