240 S Main StHanover TownshipPA18706
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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 Hanover Township at 240 S Main St, Hanover Township, PA, 18706 earns $294/mo cash flow from $1,605/mo rent with a $979/mo payment. Total monthly income totals $1,605/mo, and annual cash flow totals $3,532/yr on $66,300 capital. ROI tracks 25.24% on current figures, and rental yield reads 9.63% at a $199,999 purchase. Equity gained on principal adds $1,291/yr, and 5% annual appreciation supports $55,256 over five years. Five-year ROI reaches 131.92% and total cumulative return in cash sums $87,464. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,605/mo property income instead of your personal income.
Multi Family
Built in 1940
9,583 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
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Listed by: Ariel Velez • Cobblestone Real Estate LLC
Mls Name: GSBR
Mls ID: #SC256160