299 Lehigh 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
Investment property for sale in Wilkes Barre at 299 Lehigh St, Wilkes Barre, PA, 18702 at $129,000 posts ROI 24.32% with $157/mo cash flow from $1,002/mo rent. Total monthly income equals $1,002/mo, and annual cash flow records $1,885/yr on $42,764 to close. Return on cash invested measures 24.32% and rental yield reads 9.32% at the current $129,000. Equity gained on principal adds $832/yr, and 5% annual appreciation supports $35,640 by year five. Five-year ROI prints 127.06% and total cumulative return in cash totals $54,337.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,002/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
2,178 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: Edward Stobodzian • Antonik & Associates, Inc. Nanticoke
Mls Name: Luzerne County AOR
Mls ID: #25-6126