12 Packard LnScott TownshipPA18447
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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 Scott Township at 12 Packard Ln, Scott Township, PA, 18447 priced at $350,000 pairs $2,204/mo rent with after a $1,713/mo payment. Total monthly income equals $2,204/mo. Return on cash invested is 18.98% in year one, and rental yield stands at 7.56% on a $350,000 basis. Equity gained on principal adds $2,258/yr, and 5% annual appreciation accumulates to $96,699 by year five. Five-year ROI measures 98.37% and total cumulative return in cash reaches $114,134. For financing, Ziffy Mortgage’s DSCR program evaluates $2,204/mo property income against a $1,713/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1920
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18447, Olyphant, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,210 (100%) |
| Owner Occupied HU | 3,326 (63.8%) |
| Renter Occupied HU | 1,412 (27.1%) |
| Vacant Housing Units | 472 ( 9.1%) |
| Median Home Value | $229,085 |
| Average Home Value | $258,260 |
Housing Distribution
Address Breakdown
Residential
4,726
Single Family
4,585
Multi-Family
141
Businesses
368
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Listed by: Colin Striefsky • RE/MAX Home Team
Mls Name: GSBR
Mls Provider:
Mls ID: #SC253238
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.