1008 Olive St, Scranton, PA, 18510 | $1,259/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Scranton at 1008 Olive St, Scranton, PA, 18510 offers a 15.97% rental yield on a $186,300 purchase with $2,480/mo rent. Total monthly income registers $2,480/mo, and a $912/mo payment leaves $1,259/mo available for distribution. Annual cash flow reaches $15,109/yr on $61,758 to close, and return on cash invested stands at 44.37% in year one. Equity gained on principal adds $1,202/yr while 5% annual appreciation supports $51,471 over five years. Portfolio math shows five-year ROI at 234.61% and total cumulative return in cash at $144,891. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,480/mo property income against a $912/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1930

2,178 sqft lot

$N/A/sqft

No HOA