68 Jefferson LnWilkes BarrePA18701
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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 68 Jefferson Ln, Wilkes Barre, PA, 18701 offers $1,271/mo rent that, after a $783/mo payment, leaves $223/mo cash flow. Total monthly income is $1,271/mo, and annual cash flow is $2,672/yr on $53,040 cash. Return on cash invested measures 24.95% in year one, and rental yield stands at 9.53% at a $160,000 entry. Equity gained on principal adds $1,032/yr while 5% annual appreciation compounds into $44,205 by year five. Five-year ROI records 130.36% and total cumulative return in cash reaches $69,146. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,271/mo property income versus a $783/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in N/A
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18701, Wilkes Barre, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,575 (100%) |
| Owner Occupied HU | 88 ( 5.6%) |
| Renter Occupied HU | 1,213 (77.0%) |
| Vacant Housing Units | 274 (17.4%) |
| Median Home Value | $257,692 |
| Average Home Value | $252,031 |
Housing Distribution
Address Breakdown
Residential
1,551
Single Family
475
Multi-Family
1,076
Businesses
595
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Listed by: James Crossin • Crossin Real Estate
Mls Name: Luzerne County AOR
Mls ID: #25-6159