94 Simpson StWilkes BarrePA18702
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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 94 Simpson St, Wilkes Barre, PA, 18702 at $210,000 posts ROI 29.58% with $561/mo cash flow from $1,937/mo rent. Total monthly income equals $1,937/mo, and annual cash flow records $6,729/yr on $69,615 to close. Return on cash invested measures 29.58% and rental yield reads 11.07% at the current $210,000. Equity gained on principal adds $1,355/yr, and 5% annual appreciation supports $58,019 by year five. Five-year ROI prints 155.18% and total cumulative return in cash totals $108,028.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,937/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
4,185 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18702, Wilkes Barre, PA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
17,771
Single Family
16,005
Multi-Family
1,766
Businesses
1,484
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Listed by: Kelly Turner • Lewith & Freeman, Kingston
Mls Name: Luzerne County AOR
Mls ID: #25-2492
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.