1019 Fairfield StScrantonPA18509
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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 1019 Fairfield St, Scranton, PA, 18509 offers a 6.83% rental yield on a $305,000 purchase with $1,737/mo rent. 8% in year one. Equity gained on principal adds $1,968/yr while 5% annual appreciation supports $84,266 over five years. Portfolio math shows five-year ROI at 86.7% and total cumulative return in cash at $87,658. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,737/mo property income against a $1,493/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1925
3,920 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Rossana T. Martinez • Better Homes&Gardens RE Valley
Mls Name: GLVR
Mls Provider:
Mls ID: #755496
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