1000 Scenic Dr #L-34Clarks SummitPA18411
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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 Clarks Summit at 1000 Scenic Dr #L-34, Clarks Summit, PA, 18411 generates $3,472/mo in rent, after a $6,828/mo payment. Total monthly income is $3,472/mo. Return on cash invested sits at 5.32% in year one, and rental yield is 2.99% on a $1,395,000 entry. Equity gained on principal adds $9,002/yr, while 5% annual appreciation builds toward $385,413 over five years. Five-year ROI reaches 24.99% and total cumulative return in cash sums $112,930. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,472/mo property income rather than buyer’s personal income.
Single Family
Built in 2010
1.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18411, Clarks Summit, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,595 (100%) |
| Owner Occupied HU | 7,117 (74.2%) |
| Renter Occupied HU | 1,817 (18.9%) |
| Vacant Housing Units | 661 ( 6.9%) |
| Median Home Value | $313,873 |
| Average Home Value | $364,861 |
Housing Distribution
Address Breakdown
Residential
9,456
Single Family
9,073
Multi-Family
383
Businesses
674
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Listed by: Hollie Hunter Suraci • ERA One Source Realty
Mls Name: GSBR
Mls Provider:
Mls ID: #SC251758
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.