98 Marlborough AveWilkes BarrePA18702
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
Investment property for sale in Wilkes Barre at 98 Marlborough Ave, Wilkes Barre, PA, 18702 uses $54,698 cash to close to unlock $2,680/yr annual cash flow and $223/mo monthly cash flow. Total monthly income runs $1,305/mo, and a $808/mo payment keeps the spread at $223/mo. Purchase price stands at $165,000, and rental yield measures 9.49% with $1,305/mo rent. Return on cash invested shows 24.81% in year one, and 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 129.68% and total cumulative return in cash records $70,931. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,305/mo property income covering a $808/mo payment rather than investor’s personal income.
Single Family
Built in N/A
4,620 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Whitney Lopuhovsky • RPA Real Estate
Mls Name: Luzerne County AOR
Mls ID: #25-5923