550 Clay Ave UNIT 8CScrantonPA18510
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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 UNIT 8C, Scranton, PA, 18510 earns $239/mo cash flow from $2,040/mo rent with a $1,346/mo payment. Total monthly income totals $2,040/mo, and annual cash flow totals $2,870/yr on $91,129 capital. ROI tracks 23.06% on current figures, and rental yield reads 8.91% at a $274,900 purchase. Equity gained on principal adds $1,774/yr, and 5% annual appreciation supports $75,950 over five years. Five-year ROI reaches 120.24% and total cumulative return in cash sums $109,575. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,040/mo property income instead of your personal income.
Condo
Built in 1972
435.60 sqft lot
$N/A/sqft
No HOA
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Listed by: Ann A Sheroda • REALTY NETWORK GROUP
Mls Name: GSBR
Mls ID: #SC253279