1020 Paul AveScrantonPA18510
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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 1020 Paul Ave, Scranton, PA, 18510 offers $1,525/mo rent that, after a $1,170/mo payment. Total monthly income is $1,525/mo. Return on cash invested measures 19.28% in year one, and rental yield stands at 7.66% at a $239,000 entry. Equity gained on principal adds $1,542/yr while 5% annual appreciation compounds into $66,031 by year five. Five-year ROI records 99.98% and total cumulative return in cash reaches $79,212. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,525/mo property income versus a $1,170/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1926
0.90 Acres lot
$N/A/sqft
No HOA
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Listed by: Melanie A. Mott • RE/MAX Home Team
Mls Name: GSBR
Mls Provider:
Mls ID: #SC251891
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.