1115-1117 Monroe AveScrantonPA18509
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1115-1117 Monroe Ave, Scranton, PA, 18509 uses $138,567 cash to close to unlock $3,130/yr annual cash flow and $261/mo monthly cash flow. Total monthly income runs $3,000/mo, and a $2,046/mo payment keeps the spread at $261/mo. Purchase price stands at $418,000, and rental yield measures 8.61% with $3,000/mo rent. Return on cash invested shows 22.17% in year one, and 5% annual appreciation builds toward $115,486 over five years. Five-year ROI reaches 115.43% and total cumulative return in cash records $159,951. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,000/mo property income covering a $2,046/mo payment rather than investor’s personal income.
Multi Family
Built in 1930
6,534 sqft lot
$N/A/sqft
No HOA
More details about the property
Price History
Date | Event | Price |
|---|---|---|
| 2025-10-02 | Sold | $418,000 |
| 2025-08-21 | Pending sale | $429,900 |
| 2025-08-12 | Listed for sale | $429,900 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Facts & Features
General Information
- Type: MultiFamily
- Year Built: 1930
- Architectural Style: N/A
- Building Area: 3,600
- Living Area: 3,600 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Natural Gas, Separate Meters
- Cooling: N/A
- Flooring: N/A
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: Garage
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: N/A
- Water Source: N/A
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Lori Francis • Ruddy Realty
Mls Name: GSBR
Mls Provider:
Mls ID: #SC254023
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.