1936 N Washington 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
Rental property for sale in Scranton at 1936 N Washington Ave, Scranton, PA, 18509 generates $1,400/mo in rent, after a $2,129/mo payment. Total monthly income is $1,400/mo. Return on cash invested sits at 7.84% in year one, and rental yield is 3.86% on a $435,000 entry. Equity gained on principal adds $2,807/yr, while 5% annual appreciation builds toward $120,182 over five years. Five-year ROI reaches 38.6% and total cumulative return in cash sums $55,668. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,400/mo property income rather than buyer’s personal income.
Multi Family
Built in 1940
7,405 sqft lot
$N/A/sqft
No HOA
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Listed by: Linda Paone • CLASSIC PROPERTIES
Mls Name: GSBR
Mls ID: #SC260279