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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Scranton at 331 Phelps St, Scranton, PA, 18509 offers a 10.32% rental yield on a $349,000 purchase with $3,000/mo rent. Total monthly income registers $3,000/mo, and a $1,708/mo payment leaves $713/mo available for distribution. Annual cash flow reaches $8,559/yr on $115,694 to close, and return on cash invested stands at 27.31% in year one. Equity gained on principal adds $2,252/yr while 5% annual appreciation supports $96,422 over five years. Portfolio math shows five-year ROI at 143.02% and total cumulative return in cash at $165,468. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,000/mo property income against a $1,708/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1940
5,662 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-08-25 | Listed for sale | $349,000 |
| 2024-07-03 | Listing removed | N/A |
| 2024-06-12 | Listed for rent | $1,200 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-26 | $3413.93 | N/A | $11,500 | N/A |
| 2023-08-26 | $3413.93 | 148.61% | $11,500 | N/A |
| 2022-08-26 | $1373.21 | N/A | $11,500 | N/A |
Listed by: Rebecca Onufrak • Keller Williams Real Estate-Clarks Summit
Mls Name: GSBR
Mls Provider:
Mls ID: #SC254281
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.
