48 E Main St, Wilkes Barre, PA, 18705 | $223/mo Cash Flow

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48 E Main St, Wilkes Barre, PA, 18705 | $223/mo Cash Flow | Ziffy

For Sale

Rental Income

Listed for sale 4 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Wilkes Barre at 48 E Main St, Wilkes Barre, PA, 18705 generates $1,402/mo in rent and, after a $881/mo payment, leaves $223/mo in cash flow. Total monthly income is $1,402/mo, and annual cash flow is $2,672/yr on $59,637 invested. Return on cash invested sits at 24.39% in year one, and rental yield is 9.35% on a $179,900 entry. Equity gained on principal adds $1,161/yr, while 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 127.37% and total cumulative return in cash sums $75,957. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,402/mo property income rather than buyer’s personal income.

Multi Family

Built in N/A

0.48 Acres lot

$N/A/sqft

No HOA

More details about the property

Spacious Wilkes-Barre Multi-Family with Income Potential and Oversized LotDiscover an incredible opportunity in the Miners Mills section of Wilkes-Barre with this beautifully unique multi-family home. Set on nearly half an acre this property offers space, versatility, and value that's hard to match. One side of the home features a spacious layout with four bedrooms, including a walk-in closet, a luxurious jacuzzi tub, and abundant living space throughout. Whether you're looking for room to spread out or entertain, this side of the home delivers comfort and function in equal measure. The second unit is a well-appointed one-bedroom apartment, ideal for an in-law suite, guest quarters, or rental income opportunity. Outside, enjoy a large backyard, off-street parking, and a two-car garage, providing convenience and plenty of storage. With its generous lot size and flexible living options, this property is perfect for owner-occupants or investors alike.