99 Allenberry DrHanover TownshipPA18706
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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
Rental property for sale in Hanover Township at 99 Allenberry Dr, Hanover Township, PA, 18706 offers $1,711/mo rent that, after a $959/mo payment, leaves $262/mo cash flow. Total monthly income is $1,711/mo, and annual cash flow is $3,147/yr on $64,974 cash. Return on cash invested measures 24.75% in year one, and rental yield stands at 10.48% at a $196,000 entry. Equity gained on principal adds $1,265/yr while 5% annual appreciation compounds into $54,151 by year five. Five-year ROI records 130.45% and total cumulative return in cash reaches $84,756. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,711/mo property income versus a $959/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in N/A
1,494 sqft lot
$N/A/sqft
$75 monthly 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: Kelly Turner • Lewith & Freeman, Kingston
Mls Name: Luzerne County AOR
Mls ID: #25-3114
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.