220 Linden St UNIT 807ScrantonPA18503
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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 220 Linden St UNIT 807, Scranton, PA, 18503 uses $52,709 cash to close to unlock $14,003/yr annual cash flow and $1,167/mo monthly cash flow. Total monthly income runs $2,620/mo, and a $778/mo payment keeps the spread at $1,167/mo. Purchase price stands at $159,000, and rental yield measures 19.77% with $2,620/mo rent. Return on cash invested shows 46.48% in year one, and 5% annual appreciation builds toward $43,929 over five years. Five-year ROI reaches 249.2% and total cumulative return in cash records $131,352. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,620/mo property income covering a $778/mo payment rather than investor’s personal income.
Condo
Built in 1978
871.20 sqft lot
$N/A/sqft
$408 monthly 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
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Listed by: Wayne E Evans • Wayne Evans Realty
Mls Name: GSBR
Mls Provider:
Mls ID: #SC4764
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.