2931 Birney AveScrantonPA18505
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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 2931 Birney Ave, Scranton, PA, 18505 listed at $150,000 pairs $2,209/mo rent with a $734/mo payment to leave $1,226/mo cash flow. Total monthly income runs $2,209/mo, and annual cash flow reaches $14,715/yr on $49,725 cash to close. Return on cash invested measures 49.5% in year one, and rental yield registers 17.67% at a $150,000 basis. Equity gained on principal adds $968/yr, and annual property appreciation at 5% supports $41,442 by year five. Five-year ROI tracks 262.07% and total cumulative return in cash totals $130,314. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,209/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
9,147 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
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Listed by: Tanya Gilbert • Wychock Real Estate, LLC
Mls Name: Luzerne County AOR
Mls ID: #24-4439
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.