640 Harrison AveScrantonPA18510
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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 640 Harrison Ave, Scranton, PA, 18510 generates $1,034/mo in rent and, after a $636/mo payment, leaves $122/mo in cash flow. Total monthly income is $1,034/mo, and annual cash flow is $1,466/yr on $43,095 invested. Return on cash invested sits at 23.31% in year one, and rental yield is 9.54% on a $130,000 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 122.28% and total cumulative return in cash sums $52,695. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,034/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
2,613 sqft lot
$N/A/sqft
No HOA
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Listed by: John Michael Crotti • RE/MAX Home Team
Mls Name: GSBR
Mls Provider:
Mls ID: #SC251263
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.