226 New York StScrantonPA18509
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
Investment Highlights
Investment property for sale in Scranton at 226 New York St, Scranton, PA, 18509 with 5% annual appreciation on a $250,000 basis while $1,750/mo rent supports operations. Total monthly income totals $1,750/mo and a $1,224/mo payment preserves $111/mo for cash returns. Annual cash flow comes to $1,337/yr on $82,875 deployed, and return on cash invested reaches 21.52% in year one. Equity gained on principal adds $1,613/yr, and five-year appreciation sums $69,070 alongside rental yield of 8.4%. Five-year ROI measures 112% and total cumulative return in cash totals $92,818.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,750/mo property income versus a $1,224/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1946
5,662 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amy Proctor • Berkshire Hathaway Home Services Preferred Properties
Mls Name: GSBR
Mls ID: #SC255334