359 Colley StHanover TownshipPA18706
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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 Hanover Township at 359 Colley St, Hanover Township, PA, 18706 listed at $119,000 pairs $909/mo rent with a $582/mo payment to leave $115/mo cash flow. Total monthly income runs $909/mo, and annual cash flow reaches $1,385/yr on $39,449 cash to close. Return on cash invested measures 23.42% in year one, and rental yield registers 9.17% at a $119,000 basis. Equity gained on principal adds $768/yr, and annual property appreciation at 5% supports $32,878 by year five. Five-year ROI tracks 122.39% and total cumulative return in cash totals $48,281. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $909/mo property income relative to a $582/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18706, Wilkes Barre, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,317 (100%) |
| Owner Occupied HU | 4,885 (58.7%) |
| Renter Occupied HU | 2,498 (30.0%) |
| Vacant Housing Units | 934 (11.2%) |
| Median Home Value | $158,203 |
| Average Home Value | $185,666 |
Housing Distribution
Address Breakdown
Residential
7,615
Single Family
7,399
Multi-Family
216
Businesses
415
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Listed by: Paul Adam Isaacson • Prime Realty Partners
Mls Name: PMAR
Mls Provider:
Mls ID: #PM-120750
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