1201 Olive StScrantonPA18510
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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 1201 Olive St, Scranton, PA, 18510 priced at $299,900 converts $3,017/mo rent into $881/mo cash flow after a $1,468/mo obligation. Total monthly income equals $3,017/mo, and annual cash flow totals $10,575/yr on $99,417 invested. Return on cash invested prints 30.55% in year one, and rental yield reads 12.07% against a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation compiles into $82,857 by year five. Five-year ROI reaches 161.14% and total cumulative return in cash sums $160,204. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,017/mo property income covering a $1,468/mo payment, not borrower’s personal income.
Single Family
Built in 1972
0.29 Acres lot
$N/A/sqft
No HOA
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Listed by: George A Semian • ERA One Source Realty
Mls Name: GSBR
Mls Provider:
Mls ID: #SC5573
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.