22 John StWilkes 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 22 John St, Wilkes Barre, PA, 18702 uses $38,454 cash to close to unlock $1,352/yr annual cash flow and $113/mo monthly cash flow. Total monthly income runs $873/mo, and a $568/mo payment keeps the spread at $113/mo. Purchase price stands at $116,000, and rental yield measures 9.03% with $873/mo rent. Return on cash invested shows 23.42% in year one, and 5% annual appreciation builds toward $32,049 over five years. Five-year ROI reaches 122.23% and total cumulative return in cash records $47,003. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $873/mo property income covering a $568/mo payment rather than investor’s personal income.
Single Family
Built in N/A
2,613 sqft 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: Lu-Ann Sperrazza • Realty Network Group
Mls Name: Luzerne County AOR
Mls ID: #25-6305