1027 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 1027 Main St, Scranton, PA, 18519 priced at $469,000 converts $1,969/mo rent into after a $2,296/mo obligation. Total monthly income equals $1,969/mo. Return on cash invested prints 11.38% in year one, and rental yield reads 5.04% against a $469,000 entry. Equity gained on principal adds $3,026/yr, while 5% annual appreciation compiles into $129,576 by year five. Five-year ROI reaches 57.61% and total cumulative return in cash sums $89,563. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,969/mo property income covering a $2,296/mo payment, not borrower’s personal income.
Multi Family
Built in 1933
8,276 sqft 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: Jessica Ruddy • C21 Jack Ruddy Real Estate
Mls Name: GSBR
Mls Provider:
Mls ID: #SC5790
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.