1008-1010 Main StScrantonPA18519
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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 Scranton at 1008-1010 Main St, Scranton, PA, 18519 generates $1,742/mo in rent, after a $1,590/mo payment. Total monthly income is $1,742/mo. Return on cash invested sits at 15.6% in year one, and rental yield is 6.43% on a $324,900 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,764 over five years. Five-year ROI reaches 80.24% and total cumulative return in cash sums $86,417. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,742/mo property income rather than buyer’s personal income.
Multi Family
Built in 1940
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18519, Dickson City, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,492 (100%) |
| Owner Occupied HU | 1,439 (57.7%) |
| Renter Occupied HU | 804 (32.3%) |
| Vacant Housing Units | 249 ( 10.0%) |
| Median Home Value | $223,578 |
| Average Home Value | $250,987 |
Housing Distribution
Address Breakdown
Residential
2,395
Single Family
2,322
Multi-Family
73
Businesses
238
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Listed by: Gale Lewis • C21 Jack Ruddy Real Estate
Mls Name: GSBR
Mls Provider:
Mls ID: #SC5596
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.