620 Saginaw 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 620 Saginaw St, Scranton, PA, 18505 earns $257/mo cash flow from $1,534/mo rent with a $954/mo payment. Total monthly income totals $1,534/mo, and annual cash flow totals $3,079/yr on $64,643 capital. ROI tracks 24.67% on current figures, and rental yield reads 9.44% at a $195,000 purchase. Equity gained on principal adds $1,258/yr, and 5% annual appreciation supports $53,875 over five years. Five-year ROI reaches 128.88% and total cumulative return in cash sums $83,314. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,534/mo property income instead of your personal income.
Single Family
Built in N/A
7,500 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: Mark R. Mason • Crossin Real Estate
Mls Name: Luzerne County AOR
Mls ID: #25-5892