505 4th StDunmorePA18512
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Dunmore at 505 4th St, Dunmore, PA, 18512 priced at $228,800 converts $2,894/mo rent into $1,395/mo cash flow after a $1,120/mo obligation. Total monthly income equals $2,894/mo, and annual cash flow totals $16,735/yr on $75,847 invested. Return on cash invested prints 41.97% in year one, and rental yield reads 15.18% against a $228,800 entry. Equity gained on principal adds $1,476/yr, while 5% annual appreciation compiles into $63,213 by year five. Five-year ROI reaches 221.66% and total cumulative return in cash sums $168,122. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,894/mo property income covering a $1,120/mo payment, not borrower’s personal income.
Single Family
Built in 1950
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18512, Scranton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,005 (100%) |
| Owner Occupied HU | 3,479 (57.9%) |
| Renter Occupied HU | 1,902 (31.7%) |
| Vacant Housing Units | 624 (10.4%) |
| Median Home Value | $240,596 |
| Average Home Value | $276,842 |
Housing Distribution
Address Breakdown
Residential
5,607
Single Family
5,552
Multi-Family
55
Businesses
611
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Nearby investment properties with comparable prices
Listed by: Sunita Arora • ERA One Source Realty
Mls Name: GSBR
Mls Provider:
Mls ID: #SC3697
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.