2237 Boulevard AveScrantonPA18509
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who value predictability will appreciate 2237 Boulevard Ave, Scranton, PA, 18509 in Scranton. At $140,000 it earns $1,298/mo in rent and distributes $381/mo to the owner after the $630/mo payment, a consistent 11.13% yield. DSCR 2.06 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $38,679 in value; $1,289/yr in principal paydown compounds ownership stake. Total projected return: $77,760.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.1% | 7.2% |
| Monthly Cash Flow | $381 | $450 |
City averages based on Scranton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,298 |
| Total Monthly Debt Service | $862 |
| DSCR Ratio | 1.51x |
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.
Multi Family
Built in 1920
6,969 sqft lot
$N/A/sqft
No HOA
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
Multi Family
Built in 1920
6,969 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael Cassidy Rollin • Nisk Real Estate
Mls Name: GSBR
Mls ID: #SC253699