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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Scranton at 1112 Richmont St, Scranton, PA, 18509 with 5% annual appreciation on a $355,000 basis while $1,377/mo rent supports operations. 07% in year one. Equity gained on principal adds $2,291/yr, and five-year appreciation sums $98,080 alongside rental yield of 4.65%. Five-year ROI measures 50.65% and total cumulative return in cash totals $59,604. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,377/mo property income versus a $1,738/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1920
6,534 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-05-15 | Listed for sale | $355,000 |
| 1988-12-22 | Sold | $87,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-16 | $5468.10 | N/A | $17,800 | N/A |
| 2023-05-16 | $5468.10 | 118.44% | $17,800 | N/A |
| 2022-05-16 | $2503.29 | N/A | $17,800 | N/A |
What's Special
Floored,Walk Up,Partially Finished
Listed by: Adam Davis • CLASSIC PROPERTIES
Mls Name: GSBR
Mls Provider:
Mls ID: #SC252307
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.
