38 Beaumont 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
Rental property for sale in Wilkes Barre at 38 Beaumont St, Wilkes Barre, PA, 18702 priced at $145,000 converts $1,746/mo rent into $796/mo cash flow after a $710/mo obligation. Total monthly income equals $1,746/mo, and annual cash flow totals $9,546/yr on $48,068 invested. Return on cash invested prints 39.77% in year one, and rental yield reads 14.45% against a $145,000 entry. Equity gained on principal adds $936/yr, while 5% annual appreciation compiles into $40,061 by year five. Five-year ROI reaches 209.87% and total cumulative return in cash sums $100,880. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,746/mo property income covering a $710/mo payment, not borrower’s personal income.
Single Family
Built in N/A
1,306 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: Laura Colleran • Rubbico Real Estate
Mls Name: Luzerne County AOR
Mls ID: #24-3556
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.