27-29 Oliver StWilkes BarrePA18705
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 27-29 Oliver St, Wilkes Barre, PA, 18705 in Wilkes Barre at $247,000 earns $1,800/mo in rent and nets $181/mo after the $1,111/mo payment, a 8.74% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $68,242 over five years. Ziffy Mortgage underwrites this on a 1.62 DSCR without U.S. credit history. With $2,275/yr in principal paydown, total projected return reaches $105,744.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 7.8% |
| Monthly Cash Flow | $181 | $450 |
City averages based on Wilkes Barre market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,800 |
| Total Monthly Debt Service | $1,520 |
| DSCR Ratio | 1.18x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in N/A
5,000 sqft lot
$N/A/sqft
No HOA
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
Multi Family
Built in N/A
5,000 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sue Barre • Classic Properties Back Mountain
Mls Name: Luzerne County AOR
Mls ID: #25-1499
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.