538 Orchard StScrantonPA18505
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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 538 Orchard St, Scranton, PA, 18505 earns $630/mo cash flow from $1,744/mo rent with a $832/mo payment. Total monthly income totals $1,744/mo, and annual cash flow totals $7,563/yr on $56,322 capital. ROI tracks 33.34% on current figures, and rental yield reads 12.32% at a $169,900 purchase. Equity gained on principal adds $1,096/yr, and 5% annual appreciation supports $46,940 over five years. Five-year ROI reaches 175.4% and total cumulative return in cash sums $98,786. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,744/mo property income instead of your personal income.
Multi Family
Built in 1930
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18505, Scranton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,001 (100%) |
| Owner Occupied HU | 4,642 (46.4%) |
| Renter Occupied HU | 4,096 (41.0%) |
| Vacant Housing Units | 1,263 (12.6%) |
| Median Home Value | $148,107 |
| Average Home Value | $197,048 |
Housing Distribution
Address Breakdown
Residential
8,824
Single Family
8,120
Multi-Family
704
Businesses
807
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Listed by: Sharonn Thomas-Pope • HomeSmart Realty Advisors
Mls Name: Bright MLS
Mls ID: #PALW2000718