114 Prospect AveScrantonPA18505
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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 114 Prospect Ave, Scranton, PA, 18505 earns from $1,916/mo rent with a $2,088/mo payment. Total monthly income totals $1,916/mo. ROI tracks 11.9% on current figures, and rental yield reads 5.39% at a $426,500 purchase. Equity gained on principal adds $2,752/yr, and 5% annual appreciation supports $117,834 over five years. Five-year ROI reaches 60.58% and total cumulative return in cash sums $85,652. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,916/mo property income instead of your personal income.
Multi Family
Built in 2015
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18505, Scranton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,001 (100%) |
| Owner Occupied HU | 4,642 (46.4%) |
| Renter Occupied HU | 4,096 (41.0%) |
| Vacant Housing Units | 1,263 (12.6%) |
| Median Home Value | $148,107 |
| Average Home Value | $197,048 |
Housing Distribution
Address Breakdown
Residential
8,824
Single Family
8,120
Multi-Family
704
Businesses
807
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Listed by: Corey Christian • ERA One Source Realty, Peckville
Mls Name: GSBR
Mls Provider:
Mls ID: #SC253268
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.