124 Melrose DrScotrunPA18355
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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
Total monthly income runs $2,935/mo, and a $2,344/mo payment. Purchase price stands at $479,000, and rental yield measures 7.35% with $2,935/mo rent. Return on cash invested shows 17.46% in year one, and 5% annual appreciation builds toward $132,339 over five years. Five-year ROI reaches 90.54% and total cumulative return in cash records $143,775. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,935/mo property income covering a $2,344/mo payment rather than investor’s personal income.
Single Family
Built in 1975
1.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18355, Scotrun, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 785 (100%) |
| Owner Occupied HU | 444 (56.6%) |
| Renter Occupied HU | 100 (12.7%) |
| Vacant Housing Units | 241 (30.7%) |
| Median Home Value | $255,625 |
| Average Home Value | $277,934 |
Housing Distribution
Address Breakdown
Residential
619
Single Family
619
Multi-Family
0
Businesses
42
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Listed by: Ashley Schreck • Keller Williams Real Estate - Tannersville
Mls Name: PMAR
Mls ID: #PM-131022