13 E Chestnut StWilkes BarrePA18705
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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 13 E Chestnut St, Wilkes Barre, PA, 18705 offers a 6.32% rental yield on a $310,000 purchase with $1,633/mo rent. 26% in year one. Equity gained on principal adds $2,000/yr while 5% annual appreciation supports $85,647 over five years. Portfolio math shows five-year ROI at 78.38% and total cumulative return in cash at $80,551. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,633/mo property income against a $1,517/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in N/A
2,414 sqft lot
$N/A/sqft
No HOA
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Listed by: Brian Leighton, Jr • C. A. Leighton Company Inc
Mls Name: Luzerne County AOR
Mls ID: #24-3318
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