212 E Elm StScrantonPA18512
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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 212 E Elm St, Scranton, PA, 18512 priced at $485,000 pairs $1,249/mo rent with after a $2,374/mo payment. Total monthly income equals $1,249/mo. Return on cash invested is 5.51% in year one, and rental yield stands at 3.09% on a $485,000 basis. Equity gained on principal adds $3,130/yr, and 5% annual appreciation accumulates to $133,997 by year five. Five-year ROI measures 26.1% and total cumulative return in cash reaches $41,966. For financing, Ziffy Mortgage’s DSCR program evaluates $1,249/mo property income against a $2,374/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1930
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18512, Scranton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,005 (100%) |
| Owner Occupied HU | 3,479 (57.9%) |
| Renter Occupied HU | 1,902 (31.7%) |
| Vacant Housing Units | 624 (10.4%) |
| Median Home Value | $240,596 |
| Average Home Value | $276,842 |
Housing Distribution
Address Breakdown
Residential
5,607
Single Family
5,552
Multi-Family
55
Businesses
611
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Listed by: Lori Francis • Ruddy Realty
Mls Name: GSBR
Mls ID: #SC256077