122 Reliance DrWilkes 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 122 Reliance Dr, Wilkes Barre, PA, 18702 earns $83/mo cash flow from $2,605/mo rent with a $1,884/mo payment. Total monthly income totals $2,605/mo, and annual cash flow totals $990/yr on $127,628 capital. ROI tracks 20.69% on current figures, and rental yield reads 8.12% at a $385,000 purchase. Equity gained on principal adds $2,484/yr, and 5% annual appreciation supports $106,368 over five years. Five-year ROI reaches 107.49% and total cumulative return in cash sums $137,182. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,605/mo property income instead of your personal income.
Single Family
Built in 1988
0.28 Acres 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: Theresa Macavage • Keller Williams Real Estate-Clarks Summit
Mls Name: GSBR
Mls ID: #SC254459