623 Crown AveScrantonPA18505
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 623 Crown Ave, Scranton, PA, 18505 priced at $139,995 pairs $1,378/mo rent with $461/mo cash flow after a $685/mo payment. Total monthly income equals $1,378/mo, and annual cash flow comes to $5,530/yr on $46,408 invested. Return on cash invested is 31.83% in year one, and rental yield stands at 11.81% on a $139,995 basis. Equity gained on principal adds $903/yr, and 5% annual appreciation accumulates to $38,678 by year five. Five-year ROI measures 167.21% and total cumulative return in cash reaches $77,601. For financing, Ziffy Mortgage’s DSCR program evaluates $1,378/mo property income against a $685/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
3,484 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: Pat Rogan • The Hub Real Estate Group Scranton
Mls Name: GSBR
Mls ID: #SC260149