610 Mineral AveScrantonPA18509
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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 610 Mineral Ave, Scranton, PA, 18509 priced at $170,000 pairs $1,581/mo rent with $467/mo cash flow after a $832/mo payment. Total monthly income equals $1,581/mo, and annual cash flow comes to $5,605/yr on $56,355 invested. Return on cash invested is 29.86% in year one, and rental yield stands at 11.16% on a $170,000 basis. Equity gained on principal adds $1,097/yr, and 5% annual appreciation accumulates to $46,968 by year five. Five-year ROI measures 156.74% and total cumulative return in cash reaches $88,329. For financing, Ziffy Mortgage’s DSCR program evaluates $1,581/mo property income against a $832/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1930
3,484 sqft lot
$N/A/sqft
No HOA
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Listed by: Carl Canedy • Keller Williams Real Estate-Clarks Summit
Mls Name: GSBR
Mls Provider:
Mls ID: #SC251679
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.