10 Laurel StWilkes BarrePA18702
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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 Wilkes Barre at 10 Laurel St, Wilkes Barre, PA, 18702 earns $794/mo cash flow from $1,564/mo rent with a $575/mo payment. Total monthly income totals $1,564/mo, and annual cash flow totals $9,530/yr on $38,951 capital. ROI tracks 44.37% on current figures, and rental yield reads 15.97% at a $117,500 purchase. Equity gained on principal adds $758/yr, and 5% annual appreciation supports $32,463 over five years. Five-year ROI reaches 234.64% and total cumulative return in cash sums $91,394. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,564/mo property income instead of your personal income.
Single Family
Built in 1940
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18702, Wilkes Barre, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,946 (100%) |
| Owner Occupied HU | 9,120 (45.7%) |
| Renter Occupied HU | 8,214 (41.2%) |
| Vacant Housing Units | 2,612 (13.1%) |
| Median Home Value | $141,753 |
| Average Home Value | $186,249 |
Housing Distribution
Address Breakdown
Residential
17,771
Single Family
16,005
Multi-Family
1,766
Businesses
1,484
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Listed by: Sheye-Anne O'Malley • EXP Realty LLC
Mls Name: GSBR
Mls ID: #SC253889