521-523 W Oak StScrantonPA18518
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow521-523 W Oak St, Scranton, PA, 18518 in Scranton is a solid income-producing rental, 12.54% gross yield, $1,045/mo rent, $390/mo net cash flow on a $100,000 buy. DSCR 2.20 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $27,628 and $838/yr in principal reduction project a total cumulative return of $61,328.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.5% | 7.2% |
| Monthly Cash Flow | $390 | $450 |
City averages based on Scranton market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,045 |
| Total Monthly Debt Service | $640 |
| DSCR Ratio | 1.63x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1920
4,573 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18518, Old Forge, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,227 (100%) |
| Owner Occupied HU | 2,570 (60.8%) |
| Renter Occupied HU | 1,253 (29.6%) |
| Vacant Housing Units | 404 ( 9.6%) |
| Median Home Value | $197,125 |
| Average Home Value | $245,108 |
Housing Distribution
Address Breakdown
Residential
4,012
Single Family
3,982
Multi-Family
30
Businesses
220
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennifer Golden • Iron Valley Real Estate Greater Scranton
Mls Name: GSBR as distributed by MLS GRID
Mls Provider:
Mls ID: #SC265373
