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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Wilkes Barre at 312 Blackman St, Wilkes Barre, PA, 18702 generates $1,532/mo in rent, after a $1,170/mo payment. Total monthly income is $1,532/mo. Return on cash invested sits at 19.39% in year one, and rental yield is 7.69% on a $239,000 entry. Equity gained on principal adds $1,542/yr, while 5% annual appreciation builds toward $66,031 over five years. Five-year ROI reaches 100.56% and total cumulative return in cash sums $79,668. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,532/mo property income rather than buyer’s personal income.
Multi Family
Built in N/A
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 18702, Wilkes Barre, PA area.
| 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 |
Residential
17,771
Single Family
16,005
Multi-Family
1,766
Businesses
1,484
Date | Event | Price |
|---|---|---|
| 2025-02-03 | Price change | $239,000 |
| 2025-01-02 | Listed for sale | $299,900 |
| 2021-08-30 | Sold | $52,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-14 | $1963.15 | -85.06% | $79,200 | N/A |
| 2022-02-14 | $13141.88 | N/A | $79,200 | N/A |
| 2021-02-14 | $13141.88 | 476.01% | $79,200 | N/A |
Listed by: Candace Balmaceda • Simplicity Realty
Mls Name: Luzerne County AOR
Mls ID: #25-15
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.
