1116 Rock StScrantonPA18504
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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 1116 Rock St, Scranton, PA, 18504 generates $1,868/mo in rent and, after a $847/mo payment, leaves $734/mo in cash flow. Total monthly income is $1,868/mo, and annual cash flow is $8,809/yr on $57,350 invested. Return on cash invested sits at 35.27% in year one, and rental yield is 12.96% on a $173,000 entry. Equity gained on principal adds $1,116/yr, while 5% annual appreciation builds toward $47,797 over five years. Five-year ROI reaches 185.77% and total cumulative return in cash sums $106,539. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,868/mo property income rather than buyer’s personal income.
Multi Family
Built in 1920
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18504, Scranton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,260 (100%) |
| Owner Occupied HU | 4,767 (46.5%) |
| Renter Occupied HU | 4,024 (39.2%) |
| Vacant Housing Units | 1,469 (14.3%) |
| Median Home Value | $168,363 |
| Average Home Value | $227,392 |
Housing Distribution
Address Breakdown
Residential
8,912
Single Family
8,692
Multi-Family
220
Businesses
463
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Listed by: Pat Rogan • The Hub Real Estate Group Scranton
Mls Name: GSBR
Mls Provider:
Mls ID: #SC253262
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.