245 Wright AveKingstonPA18704
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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 Kingston at 245 Wright Ave, Kingston, PA, 18704 listed at $200,000 pairs $1,824/mo rent with a $979/mo payment to leave $513/mo cash flow. Total monthly income runs $1,824/mo, and annual cash flow reaches $6,160/yr on $66,300 cash to close. Return on cash invested measures 29.2% in year one, and rental yield registers 10.94% at a $200,000 basis. Equity gained on principal adds $1,291/yr, and annual property appreciation at 5% supports $55,256 by year five. Five-year ROI tracks 153.19% and total cumulative return in cash totals $101,564. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,824/mo property income relative to a $979/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18704, Kingston, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,612 (100%) |
| Owner Occupied HU | 8,304 (53.2%) |
| Renter Occupied HU | 5,805 (37.2%) |
| Vacant Housing Units | 1,503 ( 9.6%) |
| Median Home Value | $186,091 |
| Average Home Value | $218,731 |
Housing Distribution
Address Breakdown
Residential
14,509
Single Family
13,233
Multi-Family
1,276
Businesses
1,289
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Listed by: Janet Yost • Wychock Real Estate, LLC
Mls Name: Luzerne County AOR
Mls ID: #24-6232
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.