28 W South StWilkes BarrePA18701
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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 28 W South St, Wilkes Barre, PA, 18701 generates $3,936/mo in rent and, after a $2,912/mo payment, leaves $37/mo in cash flow. Total monthly income is $3,936/mo, and annual cash flow is $447/yr on $195,755 invested. Return on cash invested sits at 20.29% in year one, and rental yield is 7.94% on a $595,000 entry. Equity gained on principal adds $3,839/yr, while 5% annual appreciation builds toward $164,388 over five years. Five-year ROI reaches 105.34% and total cumulative return in cash sums $206,210. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,936/mo property income rather than buyer’s personal income.
Townhouse
Built in 1925
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18701, Wilkes Barre, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,575 (100%) |
| Owner Occupied HU | 88 ( 5.6%) |
| Renter Occupied HU | 1,213 (77.0%) |
| Vacant Housing Units | 274 (17.4%) |
| Median Home Value | $257,692 |
| Average Home Value | $252,031 |
Housing Distribution
Address Breakdown
Residential
1,551
Single Family
475
Multi-Family
1,076
Businesses
595
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Listed by: Nancy Johnson • Century 21 Signature Properties
Mls Name: Luzerne County AOR
Mls ID: #25-4287
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.