1415 Cornell StScrantonPA18504
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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
Investment property for sale in Scranton at 1415 Cornell St, Scranton, PA, 18504 with 5% annual appreciation on a $155,000 basis while $2,628/mo rent supports operations. Total monthly income totals $2,628/mo and a $759/mo payment preserves $1,562/mo for cash returns. Annual cash flow comes to $18,741/yr on $51,383 deployed, and return on cash invested reaches 56.38% in year one. Equity gained on principal adds $1,000/yr, and five-year appreciation sums $42,824 alongside rental yield of 20.35%. Five-year ROI measures 299.36% and total cumulative return in cash totals $153,820.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,628/mo property income versus a $759/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
5,000 sqft 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: Cynthia Byer • M. E. Moore & Son, Realtors
Mls Name: Luzerne County AOR
Mls ID: #24-4062
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.