1304 N Washington AveScrantonPA18509
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
Rental property for sale in Scranton at 1304 N Washington Ave, Scranton, PA, 18509 priced at $215,000 pairs $2,658/mo rent with $1,228/mo cash flow after a $1,052/mo payment. Total monthly income equals $2,658/mo, and annual cash flow comes to $14,736/yr on $71,273 invested. Return on cash invested is 40.58% in year one, and rental yield stands at 14.84% on a $215,000 basis. Equity gained on principal adds $1,387/yr, and 5% annual appreciation accumulates to $59,401 by year five. Five-year ROI measures 214.3% and total cumulative return in cash reaches $152,737. For financing, Ziffy Mortgage’s DSCR program evaluates $2,658/mo property income against a $1,052/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1930
6,534 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kelvin Diaz • Allentown City Realty
Mls Name: PMAR
Mls Provider:
Mls ID: #PM-115497
Disclaimer: The data relating to real estate for sale on this web site includes listings held by MLS-IDX Participants of the Internet Data Exchange program of the Multiple Listing Service of the Pocono Mountains Association of Realtors. Listings marked with the Internet Data Exchange logo are not necessarilty the listings of the owner of this web site. All listing data is the copyrighted property of the aforesaid Associations and its MLS-IDX Participants with all rights reserved. The information contained herein is believed to be accurate, but no warranty as such is expressed or implied.