531 E Market StScrantonPA18509
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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
Rental property for sale in Scranton at 531 E Market St, Scranton, PA, 18509 generates $1,886/mo in rent and, after a $1,003/mo payment, leaves $543/mo in cash flow. Total monthly income is $1,886/mo, and annual cash flow is $6,516/yr on $67,958 invested. Return on cash invested sits at 29.5% in year one, and rental yield is 11.04% on a $205,000 entry. Equity gained on principal adds $1,323/yr, while 5% annual appreciation builds toward $56,638 over five years. Five-year ROI reaches 154.8% and total cumulative return in cash sums $105,198. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,886/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
4,356 sqft lot
$N/A/sqft
No HOA
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Listed by: Corey Christian • ERA One Source Realty, Peckville
Mls Name: GSBR
Mls Provider:
Mls ID: #SC252016
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.