435 N Rear 9 AveScrantonPA18504
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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 435 N Rear 9 Ave, Scranton, PA, 18504 offers a 9.41% rental yield on a $229,500 purchase with $1,800/mo rent. Total monthly income registers $1,800/mo, and a $1,123/mo payment leaves $296/mo available for distribution. Annual cash flow reaches $3,557/yr on $76,079 to close, and return on cash invested stands at 24.58% in year one. Equity gained on principal adds $1,481/yr while 5% annual appreciation supports $63,407 over five years. Portfolio math shows five-year ROI at 128.43% and total cumulative return in cash at $97,710. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,800/mo property income against a $1,123/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18504, Scranton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,260 (100%) |
| Owner Occupied HU | 4,767 (46.5%) |
| Renter Occupied HU | 4,024 (39.2%) |
| Vacant Housing Units | 1,469 (14.3%) |
| Median Home Value | $168,363 |
| Average Home Value | $227,392 |
Housing Distribution
Address Breakdown
Residential
8,912
Single Family
8,692
Multi-Family
220
Businesses
463
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Listed by: Judy Cerra • Berkshire Hathaway Home Services Preferred Properties
Mls Name: GSBR
Mls ID: #SC250754