193 W Parker StScrantonPA18508
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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 193 W Parker St, Scranton, PA, 18508 with 5% annual appreciation on a $230,000 basis while $1,799/mo rent supports operations. Total monthly income totals $1,799/mo and a $1,126/mo payment preserves $292/mo for cash returns. Annual cash flow comes to $3,499/yr on $76,245 deployed, and return on cash invested reaches 24.5% in year one. Equity gained on principal adds $1,484/yr, and five-year appreciation sums $63,545 alongside rental yield of 9.39%. Five-year ROI measures 127.95% and total cumulative return in cash totals $97,555.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,799/mo property income versus a $1,126/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1930
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18508, Scranton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,451 (100%) |
| Owner Occupied HU | 2,511 (46.1%) |
| Renter Occupied HU | 2,224 (40.8%) |
| Vacant Housing Units | 716 (13.1%) |
| Median Home Value | $153,247 |
| Average Home Value | $203,842 |
Housing Distribution
Address Breakdown
Residential
5,069
Single Family
4,518
Multi-Family
551
Businesses
545
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Listed by: Lizbeth Vaquero • Iron Valley Real Estate Greater Scranton
Mls Name: GSBR
Mls ID: #SC256255