216 Cherry StDunmorePA18512
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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 Dunmore at 216 Cherry St, Dunmore, PA, 18512 earns from $1,068/mo rent with a $1,150/mo payment. Total monthly income totals $1,068/mo. ROI tracks 12.64% on current figures, and rental yield reads 5.46% at a $234,900 purchase. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,899 over five years. Five-year ROI reaches 64.38% and total cumulative return in cash sums $50,133. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,068/mo property income instead of your personal income.
Single Family
Built in 1930
3,484 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: Steve M. Rignanesi • Iron Valley Real Estate Greater Scranton
Mls Name: GSBR
Mls Provider:
Mls ID: #SC253156
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.