Manly Road Route 507 RdTaftonPA18464
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 Tafton at Manly Road Route 507 Rd, Tafton, PA, 18464 priced at $149,500 converts $1,756/mo rent into $776/mo cash flow after a $732/mo obligation. Total monthly income equals $1,756/mo, and annual cash flow totals $9,313/yr on $49,559 invested. Return on cash invested prints 38.7% in year one, and rental yield reads 14.09% against a $149,500 entry. Equity gained on principal adds $965/yr, while 5% annual appreciation compiles into $41,304 by year five. Five-year ROI reaches 204.18% and total cumulative return in cash sums $101,189. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,756/mo property income covering a $732/mo payment, not borrower’s personal income.
Lot
Built in N/A
2.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18464, Tafton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,530 (100%) |
| Owner Occupied HU | 547 (35.8%) |
| Renter Occupied HU | 100 ( 6.5%) |
| Vacant Housing Units | 883 (57.7%) |
| Median Home Value | $316,797 |
| Average Home Value | $383,103 |
Housing Distribution
Address Breakdown
Residential
837
Single Family
837
Multi-Family
0
Businesses
49
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Nearby investment properties with comparable prices
Listed by: Cynthia Cavage Landmesser • Lewith & Freeman R.E. Hawley
Mls Name: GSBR
Mls Provider:
Mls ID: #233838
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.