550 Clay Ave APT 9BScrantonPA18510
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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 550 Clay Ave APT 9B, Scranton, PA, 18510 uses $46,410 cash to close to unlock $9,818/yr annual cash flow and $818/mo monthly cash flow. Total monthly income runs $1,759/mo, and a $685/mo payment keeps the spread at $818/mo. Purchase price stands at $140,000, and rental yield measures 15.08% with $1,759/mo rent. Return on cash invested shows 41.06% in year one, and 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 217.06% and total cumulative return in cash records $100,738. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,759/mo property income covering a $685/mo payment rather than investor’s personal income.
Condo
Built in 1972
435.60 sqft lot
$N/A/sqft
No HOA
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Listed by: Margaret Hennemuth • CLASSIC PROPERTIES
Mls Name: GSBR
Mls Provider:
Mls ID: #SC4119
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.