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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 406 Kane St, Scranton, PA, 18505 at $279,000 posts ROI 23.57% with $282/mo cash flow from $2,111/mo rent. Total monthly income equals $2,111/mo, and annual cash flow records $3,388/yr on $92,489 to close. Return on cash invested measures 23.57% and rental yield reads 9.08% at the current $279,000. Equity gained on principal adds $1,800/yr, and 5% annual appreciation supports $77,083 by year five. Five-year ROI prints 122.99% and total cumulative return in cash totals $113,755.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,111/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1963
6,011 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 18505, Scranton, PA area.
| 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 |
Residential
8,824
Single Family
8,120
Multi-Family
704
Businesses
807
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Doreen Galasso • Castle Gate Realty
Mls Name: GLVR
Mls ID: #766147
