614 S Main AveScrantonPA18504
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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 614 S Main Ave, Scranton, PA, 18504 at $109,000 posts ROI 19.95% with $1/mo cash flow from $823/mo rent. Total monthly income equals $823/mo, and annual cash flow records $15/yr on $36,134 to close. Return on cash invested measures 19.95% and rental yield reads 9.06% at the current $109,000. Equity gained on principal adds $703/yr, and 5% annual appreciation supports $30,115 by year five. Five-year ROI prints 104.94% and total cumulative return in cash totals $37,918.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $823/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 18504, Scranton, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,260 (100%) |
| Owner Occupied HU | 4,767 (46.5%) |
| Renter Occupied HU | 4,024 (39.2%) |
| Vacant Housing Units | 1,469 (14.3%) |
| Median Home Value | $168,363 |
| Average Home Value | $227,392 |
Housing Distribution
Address Breakdown
Residential
8,912
Single Family
8,692
Multi-Family
220
Businesses
463
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Listed by: Marlena Gocek • Classic Properties Kingston
Mls Name: Luzerne County AOR
Mls ID: #25-4826
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.