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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Wilkes Barre at 191 S Meade St, Wilkes Barre, PA, 18702 offers $1,828/mo rent that, after a $2,031/mo payment. Total monthly income is $1,828/mo. Return on cash invested measures 12.14% in year one, and rental yield stands at 5.29% at a $415,000 entry. Equity gained on principal adds $2,678/yr while 5% annual appreciation compounds into $114,657 by year five. Five-year ROI records 61.63% and total cumulative return in cash reaches $84,789. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,828/mo property income versus a $2,031/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in N/A
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 18702, Wilkes Barre, PA area.
| 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 |
Residential
17,771
Single Family
16,005
Multi-Family
1,766
Businesses
1,484
Date | Event | Price |
|---|---|---|
| 2024-11-03 | Listed for sale | $415,000 |
| 2024-08-23 | Listing removed | N/A |
| 2024-08-21 | Listed for sale | $395,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-12 | $3871.78 | -85.06% | $156,200 | N/A |
| 2022-11-12 | $25918.70 | N/A | $156,200 | N/A |
| 2021-11-12 | $25918.70 | 476.01% | $156,200 | N/A |
Listed by: Aly Diaz • Real Broker LLC
Mls Name: Luzerne County AOR
Mls ID: #24-5461
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.
