550 E Main StWilkes BarrePA18634
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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 Wilkes Barre at 550 E Main St, Wilkes Barre, PA, 18634 with 5% annual appreciation on a $179,999 basis while $1,439/mo rent supports operations. Total monthly income totals $1,439/mo and a $881/mo payment preserves $159/mo for cash returns. Annual cash flow comes to $1,908/yr on $59,670 deployed, and return on cash invested reaches 23.11% in year one. Equity gained on principal adds $1,162/yr, and five-year appreciation sums $49,730 alongside rental yield of 9.59%. Five-year ROI measures 121.15% and total cumulative return in cash totals $72,292.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,439/mo property income versus a $881/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in N/A
8,755 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18634, Nanticoke, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,194 (100%) |
| Owner Occupied HU | 3,727 (51.8%) |
| Renter Occupied HU | 2,420 (33.6%) |
| Vacant Housing Units | 1,047 (14.6%) |
| Median Home Value | $151,725 |
| Average Home Value | $173,417 |
Housing Distribution
Address Breakdown
Residential
6,400
Single Family
6,066
Multi-Family
334
Businesses
298
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Listed by: Patty Armellino • Lewith & Freeman, Mountaintop
Mls Name: Luzerne County AOR
Mls ID: #25-2347
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.