1120 Acker AveScrantonPA18504
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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
Investment property for sale in Scranton at 1120 Acker Ave, Scranton, PA, 18504 uses $51,383 cash to close to unlock $2,436/yr annual cash flow and $203/mo monthly cash flow. Total monthly income runs $1,219/mo, and a $759/mo payment keeps the spread at $203/mo. Purchase price stands at $155,000, and rental yield measures 9.44% with $1,219/mo rent. Return on cash invested shows 24.65% in year one, and 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 128.76% and total cumulative return in cash records $66,160. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,219/mo property income covering a $759/mo payment rather than investor’s personal income.
Single Family
Built in 1930
3,920 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: Sara Levy • Levy Realty Group
Mls Name: GSBR
Mls ID: #SC260136