1508 Quincy 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
Investment property for sale in Scranton at 1508 Quincy Ave, Scranton, PA, 18509 uses $77,903 cash to close to unlock $4,840/yr annual cash flow and $403/mo monthly cash flow. Total monthly income runs $1,984/mo, and a $1,150/mo payment keeps the spread at $403/mo. Purchase price stands at $235,000, and rental yield measures 10.13% with $1,984/mo rent. Return on cash invested shows 26.12% in year one, and 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 136.9% and total cumulative return in cash records $106,648. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,984/mo property income covering a $1,150/mo payment rather than investor’s personal income.
Single Family
Built in 1915
6,534 sqft lot
$N/A/sqft
No HOA
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Listed by: Linda Brodbeck • Coldwell Banker Town & Country Properties
Mls Name: GSBR
Mls Provider:
Mls ID: #SC252626
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.