1531 Electric StScrantonPA18509
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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 1531 Electric St, Scranton, PA, 18509 generates $1,864/mo in rent, after a $1,395/mo payment. Total monthly income is $1,864/mo. Return on cash invested sits at 19.86% in year one, and rental yield is 7.85% 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 103.1% and total cumulative return in cash sums $97,410. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,864/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
6,098 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Sara Levy • Levy Realty Group
Mls Name: GSBR
Mls ID: #SC256258