229 Boland AveHanover TownshipPA18706
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 Hanover Township at 229 Boland Ave, Hanover Township, PA, 18706 with 5% annual appreciation on a $155,000 basis while $1,208/mo rent supports operations. Total monthly income totals $1,208/mo and a $759/mo payment preserves $192/mo for cash returns. Annual cash flow comes to $2,304/yr on $51,383 deployed, and return on cash invested reaches 24.39% in year one. Equity gained on principal adds $1,000/yr, and five-year appreciation sums $42,824 alongside rental yield of 9.35%. Five-year ROI measures 127.33% and total cumulative return in cash totals $65,428.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,208/mo property income versus a $759/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1860
4,050 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Emilyanne Zagami • Wychock Real Estate, LLC
Mls Name: Luzerne County AOR
Mls ID: #25-880
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.