229 N Hyde Park AveScrantonPA18504
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 229 N Hyde Park Ave, Scranton, PA, 18504 uses $84,533 cash to close to unlock $4,057/yr annual cash flow and $338/mo monthly cash flow. Total monthly income runs $2,009/mo, and a $1,248/mo payment keeps the spread at $338/mo. Purchase price stands at $255,000, and rental yield measures 9.45% with $2,009/mo rent. Return on cash invested shows 24.71% in year one, and 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 129.09% and total cumulative return in cash records $109,124. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,009/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Single Family
Built in 1930
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18504, Scranton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,260 (100%) |
| Owner Occupied HU | 4,767 (46.5%) |
| Renter Occupied HU | 4,024 (39.2%) |
| Vacant Housing Units | 1,469 (14.3%) |
| Median Home Value | $168,363 |
| Average Home Value | $227,392 |
Housing Distribution
Address Breakdown
Residential
8,912
Single Family
8,692
Multi-Family
220
Businesses
463
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Julissa Contreras • LUXE Homes Real Estate LLC
Mls Name: GSBR
Mls Provider:
Mls ID: #SC250015
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.