220 Linden St APT 602ScrantonPA18503
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe cash-flow margin at 220 Linden St APT 602, Scranton, PA, 18503 in Scranton is narrow, $152/mo net on $1,297/mo rent after the $607/mo debt service, but the property operates at break-even-plus, not a loss. At $134,900 with a 11.54% yield, the long-run equity case via 5% appreciation ($37,270 over five years) and $1,242/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 2.14 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $77,946.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.5% | 7.2% |
| Monthly Cash Flow | $152 | $450 |
City averages based on Scranton market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,297 |
| Total Monthly Debt Service | $830 |
| DSCR Ratio | 1.56x |
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.
Condo
Built in 1978
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18503, Scranton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,131 (100%) |
| Owner Occupied HU | 33 ( 2.9%) |
| Renter Occupied HU | 952 (84.2%) |
| Vacant Housing Units | 146 (12.9%) |
| Median Home Value | $123,864 |
| Average Home Value | $188,952 |
Housing Distribution
Address Breakdown
Residential
1,020
Single Family
87
Multi-Family
933
Businesses
577
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
Condo
Built in 1978
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18503, Scranton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,131 (100%) |
| Owner Occupied HU | 33 ( 2.9%) |
| Renter Occupied HU | 952 (84.2%) |
| Vacant Housing Units | 146 (12.9%) |
| Median Home Value | $123,864 |
| Average Home Value | $188,952 |
Housing Distribution
Address Breakdown
Residential
1,020
Single Family
87
Multi-Family
933
Businesses
577
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: GSBR as distributed by MLS GRID
Mls ID: #SC263439