LOT 6 Devon RdShavertownPA18708
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at LOT 6 Devon Rd, Shavertown, PA, 18708 in Shavertown speaks for itself: 21.06% gross on a $130,000 price, generating $2,281/mo in rent and $1,429/mo in net income after the $585/mo debt service. DSCR 3.90, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $17,152 stacks alongside $35,917 in projected five-year appreciation and $1,197/yr in principal reduction. Projected total cumulative return: $141,461.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 21.1% | 6.2% |
| Monthly Cash Flow | $1,429 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,281 |
| Total Monthly Debt Service | $800 |
| DSCR Ratio | 2.85x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Lot
Built in N/A
1.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18708, Shavertown, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,791 (100%) |
| Owner Occupied HU | 3,146 (83.0%) |
| Renter Occupied HU | 458 (12.1%) |
| Vacant Housing Units | 187 ( 4.9%) |
| Median Home Value | $306,159 |
| Average Home Value | $334,819 |
Housing Distribution
Address Breakdown
Residential
3,781
Single Family
3,665
Multi-Family
116
Businesses
185
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
Lot
Built in N/A
1.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18708, Shavertown, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,791 (100%) |
| Owner Occupied HU | 3,146 (83.0%) |
| Renter Occupied HU | 458 (12.1%) |
| Vacant Housing Units | 187 ( 4.9%) |
| Median Home Value | $306,159 |
| Average Home Value | $334,819 |
Housing Distribution
Address Breakdown
Residential
3,781
Single Family
3,665
Multi-Family
116
Businesses
185
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Maribeth Jones • Lewith & Freeman, Shavertown
Mls Name: Luzerne County AOR
Mls ID: #20-5123
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.