416 Electric St,Scranton,PA,18509

Investment Highlights

Investment property for sale in Scranton at 416 Electric St, Scranton, PA, 18509 listed at $114,900 pairs $899/mo rent with a $562/mo payment to leave $146/mo cash flow. Total monthly income runs $899/mo, and annual cash flow reaches $1,757/yr on $38,089 cash to close. Return on cash invested measures 24.52% in year one, and rental yield registers 9.39% at a $114,900 basis. Equity gained on principal adds $741/yr, and annual property appreciation at 5% supports $31,745 by year five. Five-year ROI tracks 128.14% and total cumulative return in cash totals $48,806. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $899/mo property income relative to a $562/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).