129 Brown StHanover 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
Investment property for sale in Hanover Township at 129 Brown St, Hanover Township, PA, 18706 uses $105,749 cash to close to unlock $2,760/yr annual cash flow and $230/mo monthly cash flow. Total monthly income runs $2,320/mo, and a $1,561/mo payment keeps the spread at $230/mo. Purchase price stands at $319,000, and rental yield measures 8.73% with $2,320/mo rent. Return on cash invested shows 22.52% in year one, and 5% annual appreciation builds toward $88,134 over five years. Five-year ROI reaches 117.29% and total cumulative return in cash records $124,033. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,320/mo property income covering a $1,561/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.28 Acres 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: Anne Marie Olexa • ERA One Source Realty
Mls Name: Luzerne County AOR
Mls ID: #25-1203
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.