305 Harrison AveScrantonPA18510
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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 305 Harrison Ave, Scranton, PA, 18510 offers a 6.89% rental yield on a $275,000 purchase with $1,580/mo rent. 99% in year one. Equity gained on principal adds $1,775/yr while 5% annual appreciation supports $75,977 over five years. Portfolio math shows five-year ROI at 87.64% and total cumulative return in cash at $79,895. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,580/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1950
6,534 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Stephen M Pachuta • Re/Max Wayne
Mls Name: GSBR
Mls Provider:
Mls ID: #SC254016
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.