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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Wilkes Barre at 87 Jones St, Wilkes Barre, PA, 18702 offers $1,485/mo rent that, after a $905/mo payment, leaves $273/mo cash flow. Total monthly income is $1,485/mo, and annual cash flow is $3,279/yr on $61,328 cash. Return on cash invested measures 25.25% in year one, and rental yield stands at 9.63% at a $185,000 entry. Equity gained on principal adds $1,194/yr while 5% annual appreciation compounds into $51,112 by year five. Five-year ROI records 132.04% and total cumulative return in cash reaches $80,979. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,485/mo property income versus a $905/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 18702, Wilkes Barre, PA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,946 (100%) |
| Owner Occupied HU | 9,120 (45.7%) |
| Renter Occupied HU | 8,214 (41.2%) |
| Vacant Housing Units | 2,612 (13.1%) |
| Median Home Value | $141,753 |
| Average Home Value | $186,249 |
Residential
17,771
Single Family
16,005
Multi-Family
1,766
Businesses
1,484
Date | Event | Price |
|---|---|---|
| 2025-04-25 | Listed for sale | $185,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-27 | $1903.66 | -85.06% | $76,800 | N/A |
| 2022-04-27 | $12743.64 | N/A | $76,800 | N/A |
| 2021-04-27 | $12743.64 | 476.01% | $76,800 | N/A |
What's Special
Walk-up
Listed by: Kelly Turner • Lewith & Freeman, Kingston
Mls Name: Luzerne County AOR
Mls ID: #25-1947
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.
