LOT 23 Cremard BlvdDuryeaPA18642
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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 Duryea at LOT 23 Cremard Blvd, Duryea, PA, 18642 listed at $424,500 pairs $2,562/mo rent with a $2,078/mo payment. Total monthly income runs $2,562/mo. Return on cash invested measures 16.54% in year one, and rental yield registers 7.24% at a $424,500 basis. Equity gained on principal adds $2,739/yr, and annual property appreciation at 5% supports $117,282 by year five. Five-year ROI tracks 85.83% and total cumulative return in cash totals $120,784. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,562/mo property income relative to a $2,078/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
7,405 sqft lot
$N/A/sqft
$175 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18642, Duryea, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,180 (100%) |
| Owner Occupied HU | 1,453 (66.7%) |
| Renter Occupied HU | 536 (24.6%) |
| Vacant Housing Units | 191 ( 8.8%) |
| Median Home Value | $240,224 |
| Average Home Value | $247,491 |
Housing Distribution
Address Breakdown
Residential
2,014
Single Family
1,899
Multi-Family
115
Businesses
104
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Listed by: Heidi Kozlowski • Classic Properties Back Mountain
Mls Name: Luzerne County AOR
Mls ID: #24-2975
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.