1517 Quincy AveScrantonPA18509
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 1517 Quincy Ave, Scranton, PA, 18509 in Scranton worth study. Rental yield 4.63%. The 4.63% gross yield is below cash-flow benchmarks at $330,000, but 5% annual appreciation, adding $91,173 over five years, frames this as a capital growth position. Rent of $1,274/mo partially offsets the $1,484/mo payment. Ziffy Mortgage finances appreciation-play properties (0.86 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $68,499.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.6% | 7.2% |
| Monthly Cash Flow | $(888) | $450 |
City averages based on Scranton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,274 |
| Total Monthly Debt Service | $2,031 |
| DSCR Ratio | 0.63x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1930
5,662 sqft lot
$N/A/sqft
No HOA
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
Multi Family
Built in 1930
5,662 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: MICHAEL TIGHE • Levy Realty Group
Mls Name: GSBR
Mls Provider:
Mls ID: #SC251073
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.