1367-1369 Penn 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 1367-1369 Penn Ave, Scranton, PA, 18509 generates $1,975/mo in rent and, after a $1,395/mo payment, leaves $107/mo in cash flow. Total monthly income is $1,975/mo, and annual cash flow is $1,288/yr on $94,478 invested. Return on cash invested sits at 21.27% in year one, and rental yield is 8.32% on a $285,000 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 110.66% and total cumulative return in cash sums $104,550. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,975/mo property income rather than buyer’s personal income.
Multi Family
Built in 1930
6,534 sqft lot
$N/A/sqft
No HOA
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Listed by: Que V Tran • LUXE Homes Real Estate LLC
Mls Name: GSBR
Mls Provider:
Mls ID: #SC250447
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.