28 Carey Ave, Wilkes Barre, PA, 18702 | $501/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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28 Carey Ave, Wilkes Barre, PA, 18702 | $501/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Wilkes Barre at 28 Carey Ave, Wilkes Barre, PA, 18702 priced at $149,900 pairs $1,484/mo rent with $501/mo cash flow after a $734/mo payment. Total monthly income equals $1,484/mo, and annual cash flow comes to $6,017/yr on $49,692 invested. Return on cash invested is 32.02% in year one, and rental yield stands at 11.88% on a $149,900 basis. Equity gained on principal adds $967/yr, and 5% annual appreciation accumulates to $41,415 by year five. Five-year ROI measures 168.31% and total cumulative return in cash reaches $83,639. For financing, Ziffy Mortgage’s DSCR program evaluates $1,484/mo property income against a $734/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in N/A

2,613 sqft lot

$N/A/sqft

No HOA

More details about the property

Charming 2-bedroom home with versatile potential--live in or rent out. Street-level commercial space incl an office with bathroom and storage (approx. 192 sq. ft., buyer verify), plus garage ideal for business use, parking, or storage. Perfect for contractors. Possibilities for pool table, theater, or entertainment. Great use for contractors/Storage. Ideal for personal oversized Gym/Rec/Game Room Close to parks, schools, shopping malls, and colleges. Contact Showing Time or call, text for your private showing, please allow 24 hrs. PLEASE NOTE: All dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and the agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, age, familial status or disability. This is not intended to solicit property currently listed. This includes property taxes, which are subject to change as they may increase in price from one year to another. Buyer and buyer's agent are responsible for confirmation and accuracy.

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