38 Luzerne StHanover TownshipPA18706
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 38 Luzerne St, Hanover Township, PA, 18706 at $158,000 posts ROI 37.18% with $754/mo cash flow from $1,789/mo rent. Total monthly income equals $1,789/mo, and annual cash flow records $9,048/yr on $52,377 to close. Return on cash invested measures 37.18% and rental yield reads 13.59% at the current $158,000. Equity gained on principal adds $1,020/yr, and 5% annual appreciation supports $43,652 by year five. Five-year ROI prints 195.93% and total cumulative return in cash totals $102,622.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,789/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in N/A
2,500 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rick Gaetano • Classic Properties - Mountaintop
Mls Name: Luzerne County AOR
Mls ID: #25-4479