70 Manhattan StAshleyPA18706
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
Rental property for sale in Ashley at 70 Manhattan St, Ashley, PA, 18706 priced at $127,000 pairs $977/mo rent with $144/mo cash flow after a $622/mo payment. Total monthly income equals $977/mo, and annual cash flow comes to $1,733/yr on $42,101 invested. Return on cash invested is 24.02% in year one, and rental yield stands at 9.23% on a $127,000 basis. Equity gained on principal adds $820/yr, and 5% annual appreciation accumulates to $35,088 by year five. Five-year ROI measures 125.46% and total cumulative return in cash reaches $52,821. For financing, Ziffy Mortgage’s DSCR program evaluates $977/mo property income against a $622/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
2,492 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
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Listed by: Casey Johnston • RPA Real Estate
Mls Name: Luzerne County AOR
Mls ID: #25-5519