1748 Meylert AveScrantonPA18509
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow1748 Meylert Ave, Scranton, PA, 18509 in Scranton is a top-tier cash-flow asset. At $142,750 it produces $1,549/mo in rent and $614/mo in net monthly income, a 13.77% gross rental yield. The DSCR of 2.41 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $7,373. Five-year appreciation adds $39,439, driving a total cumulative return of $91,407.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.8% | 7.2% |
| Monthly Cash Flow | $614 | $450 |
City averages based on Scranton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,549 |
| Total Monthly Debt Service | $919 |
| DSCR Ratio | 1.69x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Single Family
Built in 1920
0.26 Acres 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
Single Family
Built in 1920
0.26 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sherrie L Miller • Keller Williams Real Estate-Clarks Summit
Mls Name: GSBR
Mls Provider:
Mls ID: #SC252034
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.