








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Hanover Township at 40 Luzerne St, Hanover Township, PA, 18706 earns $717/mo cash flow from $1,700/mo rent with a $734/mo payment. Total monthly income totals $1,700/mo, and annual cash flow totals $8,609/yr on $49,692 capital. ROI tracks 37.23% on current figures, and rental yield reads 13.61% at a $149,900 purchase. Equity gained on principal adds $967/yr, and 5% annual appreciation supports $41,415 over five years. Five-year ROI reaches 196.28% and total cumulative return in cash sums $97,535. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,700/mo property income instead of your personal income.
Single Family
Built in N/A
2,060 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 18706, Wilkes Barre, PA area.
| 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 |
Residential
7,615
Single Family
7,399
Multi-Family
216
Businesses
415
Date | Event | Price |
|---|---|---|
| 2024-10-14 | Listed for sale | $149,900 |
| 2018-03-01 | Sold | $70,000 |
| 2018-01-18 | Listed for sale | $75,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $2140.93 | 0.61% | $69,900 | N/A |
| 2022-10-15 | $2128.03 | N/A | $69,900 | N/A |
| 2021-10-15 | $2128.03 | 2.68% | $69,900 | N/A |



Listed by: Bob James • Century 21 Signature Properties
Mls Name: Luzerne County AOR
Mls ID: #24-4256
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.