121 Red Coat LnHanover TownshipPA18706
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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
Total monthly income runs $2,502/mo, and a $2,570/mo payment. Purchase price stands at $525,000, and rental yield measures 5.72% with $2,502/mo rent. Return on cash invested shows 13.54% in year one, and 5% annual appreciation builds toward $145,048 over five years. Five-year ROI reaches 69.15% and total cumulative return in cash records $119,433. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,502/mo property income covering a $2,570/mo payment rather than investor’s personal income.
Single Family
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18706, Wilkes Barre, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,317 (100%) |
| Owner Occupied HU | 4,885 (58.7%) |
| Renter Occupied HU | 2,498 (30.0%) |
| Vacant Housing Units | 934 (11.2%) |
| Median Home Value | $158,203 |
| Average Home Value | $185,666 |
Housing Distribution
Address Breakdown
Residential
7,615
Single Family
7,399
Multi-Family
216
Businesses
415
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Listed by: Dominic Buonsante • Lewith & Freeman, Kingston
Mls Name: Luzerne County AOR
Mls ID: #25-6256