257 Blackman 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
Rental property for sale in Wilkes Barre at 257 Blackman St, Wilkes Barre, PA, 18702 priced at $351,000 pairs $1,456/mo rent with after a $1,718/mo payment. Total monthly income equals $1,456/mo. Return on cash invested is 11.2% in year one, and rental yield stands at 4.98% on a $351,000 basis. Equity gained on principal adds $2,265/yr, and 5% annual appreciation accumulates to $96,975 by year five. Five-year ROI measures 56.63% and total cumulative return in cash reaches $65,896. For financing, Ziffy Mortgage’s DSCR program evaluates $1,456/mo property income against a $1,718/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in N/A
6,098 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: N/A • N/A
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Mls ID: #N/A