24 Stafford AveScrantonPA18505
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 24 Stafford Ave, Scranton, PA, 18505 earns $68/mo cash flow from $1,477/mo rent with a $1,052/mo payment. Total monthly income totals $1,477/mo, and annual cash flow totals $822/yr on $71,273 capital. ROI tracks 21.06% on current figures, and rental yield reads 8.24% at a $215,000 purchase. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 over five years. Five-year ROI reaches 109.54% and total cumulative return in cash sums $78,073. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,477/mo property income instead of your personal income.
Single Family
Built in 1935
4,007 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18505, Scranton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,001 (100%) |
| Owner Occupied HU | 4,642 (46.4%) |
| Renter Occupied HU | 4,096 (41.0%) |
| Vacant Housing Units | 1,263 (12.6%) |
| Median Home Value | $148,107 |
| Average Home Value | $197,048 |
Housing Distribution
Address Breakdown
Residential
8,824
Single Family
8,120
Multi-Family
704
Businesses
807
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Moises Romero Jr • Realty One Group Supreme
Mls Name: GLVR
Mls ID: #756869