93 Sambourne StWilkes BarrePA18701
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 Wilkes Barre at 93 Sambourne St, Wilkes Barre, PA, 18701 priced at $169,777 converts $1,505/mo rent into $392/mo cash flow after a $831/mo obligation. Total monthly income equals $1,505/mo, and annual cash flow totals $4,709/yr on $56,281 invested. Return on cash invested prints 28.28% in year one, and rental yield reads 10.64% against a $169,777 entry. Equity gained on principal adds $1,096/yr, while 5% annual appreciation compiles into $46,906 by year five. Five-year ROI reaches 148.25% and total cumulative return in cash sums $83,435. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,505/mo property income covering a $831/mo payment, not borrower’s personal income.
Multi Family
Built in N/A
3,920 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: Laura Ormando • Keller Williams Real Estate, Kingston
Mls Name: Luzerne County AOR
Mls ID: #24-4782
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.