509 Bogart PlScrantonPA18503
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 509 Bogart Pl, Scranton, PA, 18503 in Scranton worth study. Rental yield 5.15%. The 5.15% gross yield is below cash-flow benchmarks at $398,000, but 5% annual appreciation, adding $109,960 over five years, frames this as a capital growth position. Rent of $1,709/mo partially offsets the $1,790/mo payment. Ziffy Mortgage finances appreciation-play properties (0.95 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $93,673.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.2% | 7.2% |
| Monthly Cash Flow | $(899) | $450 |
City averages based on Scranton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,709 |
| Total Monthly Debt Service | $2,450 |
| DSCR Ratio | 0.70x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2011
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18503, Scranton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,131 (100%) |
| Owner Occupied HU | 33 ( 2.9%) |
| Renter Occupied HU | 952 (84.2%) |
| Vacant Housing Units | 146 (12.9%) |
| Median Home Value | $123,864 |
| Average Home Value | $188,952 |
Housing Distribution
Address Breakdown
Residential
1,020
Single Family
87
Multi-Family
933
Businesses
577
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
Condo
Built in 2011
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18503, Scranton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,131 (100%) |
| Owner Occupied HU | 33 ( 2.9%) |
| Renter Occupied HU | 952 (84.2%) |
| Vacant Housing Units | 146 (12.9%) |
| Median Home Value | $123,864 |
| Average Home Value | $188,952 |
Housing Distribution
Address Breakdown
Residential
1,020
Single Family
87
Multi-Family
933
Businesses
577
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Leah Gianacopoulos • ERA One Source Realty
Mls Name: GSBR
Mls ID: #SC260225