1009 Acker AveScrantonPA18504
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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 Scranton at 1009 Acker Ave, Scranton, PA, 18504 with 5% annual appreciation on a $249,995 basis while $1,762/mo rent supports operations. Total monthly income totals $1,762/mo and a $1,224/mo payment preserves $123/mo for cash returns. Annual cash flow comes to $1,481/yr on $82,873 deployed, and return on cash invested reaches 21.7% in year one. Equity gained on principal adds $1,613/yr, and five-year appreciation sums $69,069 alongside rental yield of 8.46%. Five-year ROI measures 112.94% and total cumulative return in cash totals $93,596.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,762/mo property income versus a $1,224/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1930
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18504, Scranton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,260 (100%) |
| Owner Occupied HU | 4,767 (46.5%) |
| Renter Occupied HU | 4,024 (39.2%) |
| Vacant Housing Units | 1,469 (14.3%) |
| Median Home Value | $168,363 |
| Average Home Value | $227,392 |
Housing Distribution
Address Breakdown
Residential
8,912
Single Family
8,692
Multi-Family
220
Businesses
463
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Listed by: Pat Rogan • The Hub Real Estate Group Scranton
Mls Name: GSBR
Mls Provider:
Mls ID: #SC251055
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.