1306 Monroe AveScrantonPA18509
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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 1306 Monroe Ave, Scranton, PA, 18509 priced at $240,000 pairs $1,672/mo rent with $99/mo cash flow after a $1,175/mo payment. Total monthly income equals $1,672/mo, and annual cash flow comes to $1,188/yr on $79,560 invested. Return on cash invested is 21.4% in year one, and rental yield stands at 8.36% on a $240,000 basis. Equity gained on principal adds $1,549/yr, and 5% annual appreciation accumulates to $66,308 by year five. Five-year ROI measures 111.33% and total cumulative return in cash reaches $88,574. For financing, Ziffy Mortgage’s DSCR program evaluates $1,672/mo property income against a $1,175/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1925
3,920 sqft lot
$N/A/sqft
No HOA
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Listed by: MICHAEL TIGHE • Levy Realty Group
Mls Name: GSBR
Mls Provider:
Mls ID: #SC251072
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.