222 Poplar StWilkes BarrePA18702
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 222 Poplar St, Wilkes Barre, PA, 18702 uses $73,527 cash to close to unlock $7,082/yr annual cash flow and $590/mo monthly cash flow. Total monthly income runs $2,044/mo, and a $1,086/mo payment keeps the spread at $590/mo. Purchase price stands at $221,800, and rental yield measures 11.06% with $2,044/mo rent. Return on cash invested shows 29.54% in year one, and 5% annual appreciation builds toward $61,279 over five years. Five-year ROI reaches 155.05% and total cumulative return in cash records $114,000. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,044/mo property income covering a $1,086/mo payment rather than investor’s personal income.
Apartment
Built in N/A
4,791 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A