1150 W Elm 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 1150 W Elm St, Scranton, PA, 18504 priced at $246,999 pairs $2,027/mo rent with $408/mo cash flow after a $1,209/mo payment. Total monthly income equals $2,027/mo, and annual cash flow comes to $4,901/yr on $81,880 invested. Return on cash invested is 25.89% in year one, and rental yield stands at 9.85% on a $246,999 basis. Equity gained on principal adds $1,594/yr, and 5% annual appreciation accumulates to $68,241 by year five. Five-year ROI measures 135.44% and total cumulative return in cash reaches $110,896. For financing, Ziffy Mortgage’s DSCR program evaluates $2,027/mo property income against a $1,209/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
5,227 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: Miguelina Almonte • Signature Lux Realty
Mls Name: GLVR
Mls ID: #768006