998 E Parkway RdBear Creek TownshipPA18702
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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 Bear Creek Township at 998 E Parkway Rd, Bear Creek Township, PA, 18702 listed at $589,900 pairs $4,174/mo rent with a $2,887/mo payment to leave $309/mo cash flow. Total monthly income runs $4,174/mo, and annual cash flow reaches $3,705/yr on $194,077 cash to close. Return on cash invested measures 21.97% in year one, and rental yield registers 8.49% at a $589,900 basis. Equity gained on principal adds $3,807/yr, and annual property appreciation at 5% supports $162,978 by year five. Five-year ROI tracks 114.34% and total cumulative return in cash totals $221,901. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,174/mo property income relative to a $2,887/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1965
4 Acres 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: Leah Gianacopoulos • ERA One Source Realty
Mls Name: GSBR
Mls Provider:
Mls ID: #SC5693
Disclaimer: Information provided by the Greater Scranton Board of REALTORS MLS. Information is for consumers personal noncommercial use, and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. Consult the specific municipality for permitted Zoning uses.