Property Details
Property Type
Single Family
Location
Deal type
Mahonoy Pane
💸 DEAL DEPOT – AFFORDABLE CASH FLOW MONSTER IN SCHUYLKILL COUNTY 💸
📍 2409 Water St, Mahanoy Plane, PA 17949
💰 Asking Price: $55,000
Looking to boost your passive income with minimal upfront cost?
This one’s a classic buy-and-hold cash cow that’s all about the return, not the rehab.
With estimated rents at $1,000/month and projected CoC returns as high as 15.49%, this is the kind of deal that makes your capital work hard. Even better? You’re in under $75K all-in.
This isn’t an equity play — it’s a cash flow machine.
🏠 Property Snapshot:
3 Bed / 1 Bath Single Family
1,248 sq ft on public water/sewer
Electric heat | 200 Amp | Solid bones
Minimal rehab needed – est. $15,750
Roof under 10 years, copper plumbing
Some water in basement; nothing major
Taxes: $400/year (yes, seriously)
📈 Investment Breakdown:
Market Rents: $1,000–$1,250/month
Annual NOI: $7,040
Cap Rate: ~9.95%
Cash-on-Cash Return:
• 10.9% (20-yr loan)
• 15.49% (30-yr loan!)
🔨 Light Rehab Needed:
Paint, flooring, some plumbing, cleanup — all manageable.
Repair sheet here:
Repair Estimate Spreadsheet
🏙️ Why Mahanoy Plane?
Quiet and affordable, with low taxes and growing rental demand. This town flies under the radar—but not for long. Investors are scooping up properties for cash flow plays like this. You're less than 15 minutes to Frackville, Ashland, and I-81.
🚀 This is a perfect first rental or addition to your cash-flow portfolio. Minimal equity but maximum return potential.
📞 Want to walk it or run the numbers together?
Reach out to us today!