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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Scranton at 622 Jefferson Ave, Scranton, PA, 18510 earns from $1,424/mo rent with a $4,160/mo payment. Total monthly income totals $1,424/mo. ROI tracks 2.27% on current figures, and rental yield reads 2.01% at a $850,000 purchase. Equity gained on principal adds $5,485/yr, and 5% annual appreciation supports $234,839 over five years. Five-year ROI reaches 8.71% and total cumulative return in cash sums $24,358. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,424/mo property income instead of your personal income.
Multi Family
Built in 1920
0.31 Acres lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2024-12-05 | Listed for sale | $850,000 |
| 2023-06-22 | Sold | $785,000 |
| 2023-04-13 | Pending sale | $899,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-01-12 | $9423.12 | N/A | $27,000 | N/A |
| 2023-01-12 | $9423.12 | 54.08% | $27,000 | N/A |
| 2022-01-12 | $6115.60 | N/A | $27,000 | N/A |
Listed by: Kelly McDonald • Cobblestone Real Estate LLC
Mls Name: GSBR
Mls Provider:
Mls ID: #SC6204
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.
