121 Ridgeview DrScrantonPA18504
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 121 Ridgeview Dr, Scranton, PA, 18504 at $424,900 posts ROI 27.61% with $903/mo cash flow from $3,688/mo rent. Total monthly income equals $3,688/mo, and annual cash flow records $10,841/yr on $140,854 to close. Return on cash invested measures 27.61% and rental yield reads 10.42% at the current $424,900. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,392 by year five. Five-year ROI prints 144.61% and total cumulative return in cash totals $203,685.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,688/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2001
0.63 Acres 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: Nell Donnelly-O'Boyle • Dwell Real Estate
Mls Name: GSBR
Mls ID: #SC254850